If Bitcoin falls below 112,000 USD, the cumulative long order liquidation intensity of major CEX will reach 1.09 billion.

On August 2, according to Coinglass data, if Bitcoin falls below $112,000, the cumulative long order liquidation intensity of mainstream CEX will reach $1.09 billion. Conversely, if Bitcoin rises to $116,713, the cumulative short order liquidation intensity of mainstream CEX will reach $2.504 billion. BlockBeats note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of 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 demonstrates the extent to which the underlying price reaching a certain position will be affected. Higher "liquidation bars" indicate that once the price reaches that point, there will be a stronger reaction due to liquidity waves.