If Bitcoin falls below $105,000, the cumulative long order liquidation intensity on mainstream CEX will reach 302 million.

On June 12, according to Coinglass data, if Bitcoin falls below $105,000, the cumulative long order liquidation intensity on mainstream CEX will reach 302 million. Conversely, if Bitcoin breaks through $109,000, the cumulative short order liquidation intensity on mainstream CEX will reach 211 million. BlockBeats Note: The liquidation chart does not show the exact number of contracts pending liquidation, or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to nearby liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows the extent to which the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that after the price reaches that point, there will be a stronger reaction due to a liquidity wave.

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