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If Bitcoin's rebound breaks through $105,000, the cumulative short order liquidation intensity of mainstream CEX will reach $507 million.
On June 13, according to Coinglass data, if Bitcoin falls below $103,000, the cumulative long order liquidation intensity of mainstream CEX will reach 198 million. Conversely, if Bitcoin rebounds and breaks through $105,000, the cumulative short order liquidation intensity of mainstream CEX will reach 507 million. BlockBeats 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 importance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart demonstrates to what extent the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that once the price reaches that point, it will generate a stronger reaction due to a liquidity wave.