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's news and Coinglass's liquidation heat map, if the Bitcoin price dips to around $113,000, the cumulative long positions liquidation intensity at 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 notes that the "liquidation map" shows the relative strength of liquidation clusters across various price ranges, rather than the exact number or notional value of contracts to be liquidated; the taller the bar, the more severe the price reaction may be due to liquidity shocks when the price reaches that range.

BTC-0.94%
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