Coinglass data indicates that if Bitcoin breaches $115,000, cumulative short liquidation intensity across mainstream CEXs will reach $1.749 billion; conversely, a drop below $111,000 corresponds to cumulative long liquidation intensity of $925 million. These figures represent aggregated intensity estimates reported on September 9 and do not equate to exact contract counts or nominal liquidation values.

As COINOTAG notes, the liquidation chart visualizes the relative importance of liquidation clusters rather than precise volumes: taller bars identify zones where price moves would trigger larger liquidity cascades and stronger market reactions. Market participants should interpret these intensity metrics as indicators of concentrated stress on major exchanges, useful for risk assessment but not definitive position valuations.