Data from BlockBeats reveals that if Bitcoin prices fall below $111,000, long position liquidations on major exchanges could reach $1.305 billion. Conversely, if the price rises above $114,000, short position liquidations would amount to $1.365 billion, according to BlockBeats. However, it’s important to note that this chart doesn’t precisely show the number of contracts involved in liquidation or the total value of liquidated assets. Instead, it reflects the relative intensity of each liquidation cluster compared to its nearby counterparts, indicating potential market impact when certain price thresholds are reached. Higher ‘liquidation bars’ suggest a stronger market reaction and amplified liquidity waves upon reaching these price levels.