Bitcoin Liquidation Intensity Could Surge to $592M if Price Breaks $109,000, Coinglass Data Reveals

According to data from Coinglass on July 5th, a significant liquidation event is anticipated in the Bitcoin market. Should Bitcoin’s price dip below $107,000, the total liquidation intensity of long positions across major centralized exchanges (CEXs) is projected to hit $444 million. Conversely, a breakout above $109,000 could trigger short position liquidations totaling approximately $592 million. It is important to note that the liquidation chart reflects the relative intensity of liquidation clusters rather than exact contract quantities or liquidation values. This visualization highlights how price movements at specific levels can provoke substantial liquidity cascades, with larger bars indicating stronger market reactions. Traders and investors should closely monitor these critical price points as they may influence volatility and market dynamics in the near term.