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According to Coinglass data cited by COINOTAG on September 1, if Bitcoin declines below $107,000 the cumulative long liquidation intensity on major CEXes would be approximately $707 million, while a move above $110,000 corresponds to an estimated cumulative short liquidation intensity near $884 million.
COINOTAG cautions that the liquidation chart represents relative clusters of exposure rather than precise contract counts or exact monetary values; the visualization quantifies the comparative intensity between adjacent liquidation bands and should not be interpreted as a literal accounting of contracts.
Practitioners should read the chart as an indicator of potential market stress: larger bars denote a greater likelihood of pronounced price reaction when those levels are breached due to a cascading liquidity cascade, rather than a guaranteed outcome.
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