If Bitcoin rebounds and breaks through $112,000, the cumulative short liquidation intensity on major CEXs will reach $819 millions.

According to ChainCatcher, citing data from Coinglass, if bitcoin rebounds and breaks through $112,000, the cumulative short liquidation intensity on major CEXs will reach 819 million. Conversely, if bitcoin falls below $109,000, the cumulative long liquidation intensity on major CEXs will reach 685 million.

Note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the relative importance, or intensity, of each liquidation cluster compared to adjacent clusters. Therefore, the chart shows the degree of impact when the underlying asset price reaches a certain level. A higher "liquidation bar" indicates that once the price reaches that level, there will be a stronger reaction due to a wave of liquidity.