Data from Coinglass, as reported by BlockBeats, reveals how Bitcoin price fluctuations could trigger significant liquidations on major cryptocurrency exchanges (CEXs). If the Bitcoin price drops below $106,000, long positions on these exchanges will face a cumulative liquidation worth approximately $434 million. Conversely, if the price reaches above $110,000, short positions on CEXs could see a collective liquidation of roughly $361 million. 📚 It’s important to note that this chart doesn’t display the exact number of contracts or their specific values; instead, it represents the intensity of potential liquidations using bars reflecting relative importance compared to nearby clusters. This visualization demonstrates the market’s potential response when Bitcoin reaches certain price points, with a higher ‘liquidation bar’ signifying a stronger reaction due to increased liquidity surges.