If Bitcoin breaks through $125,000, the cumulative short order liquidation intensity of mainstream CEXs will reach 360 million.

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On July 14, according to Coinglass data, if Bitcoin breaks through $125,000, the cumulative short order liquidation intensity of mainstream CEX will reach $360 million. Conversely, if Bitcoin falls below $121,000, the cumulative long order liquidation intensity of mainstream CEX will reach $110 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 significance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart demonstrates to what extent the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that when the price reaches that point, it will generate a stronger reaction due to a liquidity wave.

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