Bitcoin at $104K Could Trigger $8.64B in Short Liquidations on CEXs; A $100K Dip Could Spark $8.92B in Long Liquidations

According to Coinglass data, current analytics point to two critical price thresholds for Bitcoin that could drive meaningful liquidation activity across mainstream CEXs. A sustained rally above $104,000 may trigger an estimated $8.64 billion in short liquidations, while a slide below $100,000 could unleash roughly $8.92 billion in long liquidations.

COINOTAG notes that the liquidation chart depicts relative intensity rather than exact contract counts. The visual bars reflect a cluster’s impact on the price, not the precise number of contracts to be liquidated. A higher liquidation bar signifies a more pronounced price reaction once that level is breached, signaling a possible liquidity cascade.

Traders should integrate these signals into risk controls and hedging strategies, focusing on intraday liquidity risk on CEXs and the resilience of stop orders and margin requirements.