If Bitcoin surpasses $115,000, the mainstream CEX cumulative short liquidation pressure will reach 839 million.

On September 11th, according to Coinglass data, if Bitcoin manages to break through $115,000, the cumulative short liquidation intensity on mainstream CEXs will reach $839 million. Conversely, if Bitcoin drops below $112,000, the cumulative long liquidation intensity on mainstream CEXs will reach $1.059 billion. BlockBeats Note: The liquidation chart does not accurately depict the number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent clusters, which is referred to as intensity. Therefore, the liquidation chart shows to what degree the price of the underlying asset will be impacted when it reaches a certain level. A higher "liquidation bar" indicates that when the price reaches that level, it will experience a more intense reaction due to a liquidity avalanche.