Bitcoin Break Above $112K Could Trigger $973M Short Liquidations — Drop Below $108K Risks $773M Long Losses on CEXs, Coinglass

According to Coinglass data cited by COINOTAG on September 2, the cumulative short liquidation intensity across mainstream CEXs would reach $973 million if Bitcoin breaches $112,000, while a decline beneath $108,000 would correspond to cumulative long liquidation intensity of approximately $773 million. COINOTAG clarifies that the liquidation chart represents relative liquidation intensity—not precise contract counts or exact dollar values—so taller bars indicate a greater propensity for a liquidity cascade and more pronounced market impact at those price clusters.