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If Bitcoin breaks $112,000, the mainstream CEX total short liquidation volume will reach $973 million.

5 hours ago

On September 2nd, based on Coinglass data, if Bitcoin manages to break through $112,000, the cumulative short liquidation intensity of mainstream CEX will reach $973 million. Conversely, if Bitcoin drops below $108,000, the cumulative long liquidation intensity of mainstream CEX will reach $773 million. BlockBeats Notes: The liquidation chart does not provide the exact number of contracts to be liquidated or the precise value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows to what extent the asset price will be impacted when it reaches a certain level. Higher "liquidation bars" indicate that the price will undergo a more intense reaction due to a surge in liquidity.
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