COINOTAG, citing Coinglass data on December 15, highlights that a Bitcoin decline below $86,000 could ignite a pronounced long-liquidation moment across mainstream CEX venues, with the cumulative figure approaching $514 million. The update emphasizes that the liquidation chart reflects the relative importance of clusters rather than an exact contract count, with higher bars signaling a more intense liquidity cascade as price reaches that threshold. For traders, this signals potential near-term volatility and the need for disciplined risk controls around key support levels.

Conversely, a breakout above $90,000 would correspond to a sizable short-liquidation pressure, projected near $417 million. COINOTAG notes again that the bars depict cluster significance, not precise liquidations, framing the data as a qualitative risk signal for price-level reactions. Investors may incorporate these insights into hedging strategies and liquidity risk assessments as Bitcoin tests critical price points and order-book dynamics evolve on major exchanges.