Bitcoin $119K Break Could Trigger $1.326B Short Liquidations; Drop to $115K May Ignite $1.226B Long Cascade

According to Coinglass data cited by COINOTAG on September 18, if Bitcoin surpasses $119,000 the cumulative short liquidation intensity on mainstream CEXs would reach approximately $1.326 billion; conversely, a decline below $115,000 corresponds to roughly $1.226 billion in cumulative long liquidation intensity.

The accompanying liquidation chart conveys relative intensity of clustered liquidations rather than precise contract counts or notional values; each bar reflects the likely impact on the order book and margin positions, highlighting zones where a liquidity cascade could materially amplify price reactions.

These metrics should be used as inputs for disciplined risk management rather than deterministic signals; monitoring real‑time Bitcoin liquidation intensity and exchange flow helps traders calibrate position sizing, leverage and stop‑loss placement while avoiding overreliance on single indicators.