If Bitcoin breaks through $107,000, the cumulative short liquidation intensity on mainstream CEXs will reach $909 million.

BlockBeats News, June 15th, according to Coinglass data, if Bitcoin surpasses $107,000, the cumulative short liquidation intensity on major CEXs will reach $909 million.

Conversely, if Bitcoin falls below $103,000, the cumulative short liquidation intensity on major CEXs will reach $1.391 billion.

BlockBeats Note: The liquidation chart does not show the exact number of contracts awaiting liquidation or the precise value of liquidated contracts. The bars on the liquidation chart represent the relative importance of each liquidation cluster compared to neighboring clusters, i.e., intensity.

As such, the liquidation chart illustrates the potential impact when the underlying asset price hits a particular level. Higher "liquidation bars" indicate that once the price reaches that point, there will be a stronger reaction caused by a wave of liquidity.