Bitcoin Breaks $89K Could Trigger $399M in Short Liquidations on Major CEXs; A Move to $86K May Spark $556M in Long Liquidations

COINOTAG News, citing Coinglass data, notes that a break above $89,000 for Bitcoin could trigger substantial short liquidations on mainstream CEXs, potentially totaling about $399 million. The takeaway is that key price levels can alter intraday liquidity dynamics.

On the downside, a drop below $86,000 could unleash a wave of long liquidations on major exchanges, with an estimated total near $556 million. These projections denote liquidity intensity rather than exact contract tallies.

COINOTAG notes that the liquidation chart reflects the relative importance of each cluster; higher bars indicate a stronger price-triggered reaction due to a liquidity cascade, not precise counts.

Monitor these price levels and liquidity signals to assess risk, as outcomes hinge on observed market behavior rather than speculative scenarios.