COINOTAG News, citing Coinglass data as of December 22, notes that a Bitcoin breakthrough past $92,000 could trigger notable short liquidations on mainstream centralized exchanges, approaching $770 million.

By contrast, a move below $88,000 would elevate long liquidations on major CEXs to about $517 million. This highlights downside risk at critical price thresholds.

COINOTAG notes that the liquidity chart does not display pending contracts; the bars measure the relative liquidation intensity of clusters, indicating sensitivity rather than exact counts.

For investors, tracking these price levels and the underlying liquidity dynamics can inform risk management and hedging decisions.