On August 29, according to Coinglass data, if Bitcoin falls below $110,000.00, the cumulative long liquidation intensity of mainstream CEXs will reach $735.00M.

Conversely, if Bitcoin breaks through $112,000.00, the cumulative short liquidation intensity of mainstream CEXs will only be $102.00M.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated, or the exact value of contracts being liquidated. The bars on the liquidation chart show the relative importance, or intensity, of each liquidation cluster relative to nearby liquidation clusters.

Therefore, the liquidation chart shows the extent to which the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will generate a stronger reaction due to the wave of liquidity after it arrives.