Bitcoin liquidation intensity data from COINOTAG News (September 15) citing Coinglass indicates that a drop beneath $114,000 would correspond to a cumulative long liquidation intensity of approximately $737 million on mainstream CEXs, whereas a move above $116,000 would see cumulative short liquidation intensity near $65.35 million.

The published liquidation chart is a relative measure and does not enumerate exact contracts or precise notional values; its bars quantify the comparative intensity of liquidation clusters versus neighboring price levels rather than absolute counts.

As a market signal, these intensity clusters highlight potential price impact zones and inform trader risk management and position-sizing decisions by identifying where a concentrated liquidity cascade could exert outsized influence on execution and volatility.