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COINOTAG reports, citing Coinglass data dated October 28, that a move above $11,800 for Bitcoin could push the cumulative short liquidation intensity across mainstream CEXs toward $1.12B.
Conversely, a slip below $11,300 could lift the cumulative long liquidation intensity toward $1.112B, underscoring how liquidity dynamics may amplify volatility near key price levels.
COINOTAG notes that the liquidation chart does not reveal exact contract counts; the bars reflect the relative importance of each cluster. Higher bars imply a greater potential for a liquidity cascade once price hits those levels, informing risk controls and hedging considerations in the current market environment.
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