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COINOTAG News (October 17) cites Coinglass data showing that if Bitcoin declines below $105,000, cumulative long liquidation intensity on major CEXs reaches roughly $1.121 billion, while a move above $110,000 corresponds to cumulative short liquidation intensity near $1.261 billion.
COINOTAG underscores that the on‑chart bars represent relative cluster importance rather than exact counts of contracts or precise contract values; the visualization highlights comparative intensity across adjacent liquidation clusters based on Coinglass analytics.
Consequently, the liquidation chart is a measure of potential market reaction magnitude: a higher liquidation bar indicates a stronger liquidity cascade and price response at that level, not an absolute dollar figure of positions to be closed.
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