If Bitcoin breaks through $114,000, the cumulative short liquidation intensity on mainstream CEX will reach $956 million

ChainCatcher news, according to Coinglass data, if Bitcoin breaks through $114,000, the cumulative short liquidation intensity on major CEXs will reach $956 million.

Conversely, if Bitcoin falls below $110,000, the cumulative long liquidation intensity on major CEXs will reach $2.4 billion.

ChainCatcher note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby liquidation clusters, that is, the intensity.