If Bitcoin breaks through $108,000, the mainstream CEX total short liquidation volume will reach $1.144 billion.

BlockBeats News, May 21st, according to Coinglass data, if Bitcoin breaks through $10.8K, the cumulative short liquidation intensity of mainstream CEXs will reach $1.144 billion.

On the other hand, if Bitcoin falls below $10.5K, the cumulative long liquidation intensity of mainstream CEXs will reach $1.179 billion.

BlockBeats Note: The liquidation chart does not precisely display the number of contracts awaiting liquidation or the exact value of contracts liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., intensity.

Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price, once reached, will experience a more intense reaction due to a liquidity cascade.