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If Bitcoin rises and breaks through $112,000, the cumulative short order liquidation intensity of mainstream CEX will reach 440 million.
On November 2, according to Coinglass data, if Bitcoin rises and breaks through 112,000 USD, the cumulative short order liquidation intensity of mainstream CEX will reach 440 million. Conversely, if Bitcoin falls below 109,000 USD, the cumulative long order liquidation intensity of mainstream CEX will reach 533 million. BlockBeats note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. 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 shows to what extent the underlying price reaching a certain level will be affected. A higher 'liquidation bar' indicates that when the price reaches that level, it will generate a stronger reaction due to liquidity waves.