On May 28, according to Coinglass data, if Bitcoin falls below $107,000, the cumulative long order liquidation intensity on mainstream CEX will reach $1.325 billion. Conversely, if Bitcoin breaks through $110,000, the cumulative short order liquidation intensity on mainstream CEX will reach $1.142 billion. Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby liquidation clusters, i.e., 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 once the price reaches that level, there will be a stronger reaction due to liquidity waves.
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On May 28, according to Coinglass data, if Bitcoin falls below $107,000, the cumulative long order liquidation intensity on mainstream CEX will reach $1.325 billion. Conversely, if Bitcoin breaks through $110,000, the cumulative short order liquidation intensity on mainstream CEX will reach $1.142 billion. Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby liquidation clusters, i.e., 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 once the price reaches that level, there will be a stronger reaction due to liquidity waves.