Bitcoin Above $115K Could Trigger $1.12B Short Liquidations on Mainstream CEXs; Drop Below $112K Risks $882M Long Liquidations — Coinglass

COINOTAG News on August 20 cited Coinglass analytics showing that, should Bitcoin climb past $115,000, the cumulative short liquidation intensity across major CEXs would reach approximately $1.122 billion; conversely, a drop under $112,000 corresponds to cumulative long liquidation intensity near $882 million.

The underlying liquidation chart presented by the data provider does not enumerate exact contract counts or precise monetary values; instead, the chart visualizes the relative weight of each liquidation cluster, conveying comparative liquidation intensity versus adjacent price levels.

Accordingly, a taller liquidation bar signals a greater potential market reaction when that price tier is reached, reflecting the possible amplification of moves through a liquidity cascade, rather than serving as a definitive measure of contract volume or realized losses.