If Bitcoin drops below $111,000, the mainstream CEX long liquidation volume will reach 1.3 billion.

BlockBeats News, October 15th, according to Coinglass data, if Bitcoin falls below $111,000, the cumulative long liquidation intensity on mainstream CEX will reach $1.305 billion.

Conversely, if Bitcoin surpasses $114,000, the cumulative short liquidation intensity on mainstream CEX will also reach $1.365 billion.

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

Therefore, the liquidation chart shows to what extent reaching a certain price level will impact the market. Higher "liquidation bars" indicate that the price reaching that level will trigger a more intense reaction due to a liquidity cascade.