If Bitcoin drops below $111,000, the mainstream CEX long liquidation volume will reach 1.3 billion.

On October 15th, based on Coinglass data, if Bitcoin drops below $111,000, the cumulative intensity of long liquidation on mainstream CEX will reach $1.305 billion. Conversely, if Bitcoin goes above $114,000, the cumulative intensity of short liquidation on mainstream CEX will also reach $1.365 billion. BlockBeats Note: The liquidation chart does not accurately display 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 neighboring clusters, that is, intensity. Therefore, the liquidation chart shows how much reaching a certain price level will impact the market. Higher "liquidation bars" indicate that when the price reaches that level, it will trigger a more intense reaction due to a liquidity cascade.