If Bitcoin drops below $110,000, the mainstream CEX long liquidation pressure will reach $735 million.

BlockBeats News, August 29, according to Coinglass data, if Bitcoin falls below $110,000, the cumulative long liquidation intensity of mainstream CEXs will reach 735 million.

Conversely, if Bitcoin surpasses $112,000, the cumulative short liquidation intensity of mainstream CEXs will only be 102 million.

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

Therefore, the liquidation chart shows to what extent the asset price reaching a certain point will be affected. A higher "liquidation bar" indicates that the price hitting that level will trigger a more intense reaction due to a liquidity cascade.