According to Coinglass data, if Bitcoin breaks through $125,000, the cumulative short position liquidation intensity on major CEXs will reach 803 million. Conversely, if Bitcoin falls below $123,000, the cumulative long position liquidation intensity on major CEXs will only be 88.3799 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of liquidated contracts. The bars on the liquidation chart actually show the importance, or strength, of each liquidation cluster relative to neighboring clusters. Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain level. Higher "liquidation bars" indicate a more pronounced price reaction to the liquidity surge at that level.