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COINOTAG reported on September 5, citing Coinglass data, that if Bitcoin drops below $110,000 the cumulative long liquidation intensity across mainstream CEXs would reach about $977 million, while a move above $113,000 would place cumulative short liquidation intensity near $975 million.
COINOTAG emphasizes that the visual liquidation chart does not provide exact counts of contracts or precise contract values; the displayed bars represent the relative intensity of liquidation clusters compared with adjacent price bands, reflecting where leverage is concentrated rather than enumerating individual positions.
Consequently, the chart functions as a measure of potential price impact from a liquidity cascade; taller liquidation bars indicate price levels at which concentrated leverage on mainstream CEXs could generate a more pronounced market reaction.
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