If Bitcoin falls below $114,000, the cumulative long-term liquidation intensity of mainstream CEX will reach 737 million.

According to BlockBeats, on September 15, according to Coinglass data, if Bitcoin falls below $114,000, the cumulative long-term liquidation intensity of mainstream CEX will reach 737 million. On the contrary, if Bitcoin breaks through US$116,000, the cumulative short-term liquidation intensity of mainstream CEX will be only 65.35 million. BlockBeats Note: A liquidation chart does not show the exact number of contracts to be liquidated, or the exact value of the contract being liquidated. The columns on the clearing chart show the importance of each clearing cluster relatively close to the clearing cluster, that is, the intensity. Therefore, the liquidation chart shows how much the target price will be affected to a certain position. A higher "clearing bar" means that the price will have a stronger reaction due to the liquidity wave after it arrives.