If Bitcoin breaks $111,000, the mainstream CEX cumulative short liquidation volume will reach $1.447 billion.

BlockBeats News, May 22nd, according to Coinglass data, if Bitcoin breaks through $111,000, the cumulative short liquidation intensity of mainstream CEX will reach $1.447 billion.

Conversely, if Bitcoin drops to $107,770, the cumulative long liquidation intensity of mainstream CEX will reach $1.232 billion.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring 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 position. Higher "liquidation bars" indicate that when the price reaches that point, a more intense reaction will occur due to a liquidity cascade.