Bitcoin price fluctuations may trigger changes in CEX liquidation intensity

According to BlockBeats, on June 20, Coinglass data shows that if Bitcoin breaks through $107,000, the total short liquidation intensity on mainstream CEX will reach $500 million. If Bitcoin falls below $105,000, the total long liquidation intensity on mainstream CEX will reach $831 million. The liquidation chart shows the extent of impact when the price reaches a certain position, with higher liquidation bars indicating that price fluctuations will trigger a stronger market reaction.