If Bitcoin Surpasses $114,000, Total Short Liquidations on Major CEXs Will Reach $956 Million

According to ChainCatcher, citing Coinglass data, if Bitcoin surpasses $114,000, the cumulative short liquidation intensity on major CEXs will reach $956 million.

Conversely, if Bitcoin falls below $110,000, the cumulative long liquidation intensity on major CEXs will reach $2.4 billion.

Note from ChainCatcher: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the relative significance, or intensity, of each liquidation cluster compared to adjacent clusters.