Data: If Bitcoin falls below $113,000, the liquidation intensity of mainstream CEX long orders may reach $1.292 billion; if it breaks above $117,000, the liquidation intensity of short orders may reach $868 million.
According to ChainCatcher news and Coinglass liquidation heatmap, if the Bitcoin price dips to around $113,000, the cumulative long positions liquidation intensity on mainstream centralized exchanges is expected to reach $1.292 billion; conversely, if it breaks above $117,000, the cumulative short positions liquidation intensity could reach $868 million. Coinglass indicates that the "liquidation map" presents the relative intensity of liquidation clusters in various price ranges, rather than the exact number or notional value of contracts pending liquidation; the higher the bar, the more intense the price reaction may be due to liquidity shocks when the price reaches that range.
