If Bitcoin surpasses $105,000, the cumulative short liquidation intensity on major CEXs will reach $1.152 billion

According to Coinglass data, if Bitcoin surpasses $105,000, the cumulative short liquidation intensity on major CEXs will reach $1.152 billion. Conversely, if Bitcoin falls below $102,000, the cumulative long liquidation intensity on major CEXs will reach $1.106 billion. Note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of liquidated contracts. The bars on the liquidation chart actually show the relative importance of each liquidation cluster to the adjacent clusters, i.e., the intensity. Therefore, the liquidation chart illustrates the extent to which the target price will be affected when it reaches a certain level. A higher "liquidation bar" indicates a stronger reaction due to a wave of liquidity once the price is reached.