If Bitcoin falls below $107,000, the mainstream CEX long liquidation volume will reach 259 million.

On November 3rd, based on Coinglass data, if Bitcoin drops below $107,000, the cumulative liquidation intensity of mainstream CEX in terms of long positions will reach 259 million. Conversely, if Bitcoin exceeds $109,000, the cumulative liquidation intensity of mainstream CEX in terms of short positions will reach 128 million. BlockBeats Notes: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of contracts to be 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 price of the underlying asset will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a more pronounced reaction due to a liquidity avalanche when it reaches that point.