Bitcoin Breaks Above $95K Could Trigger $598M Short Liquidations on Major CEXs, While Dropping to $91K May Spark $992M Long Liquidations
COINOTAG News, citing Coinglass data dated December 3, highlights how key Bitcoin price levels could prompt pronounced liquidity shifts on major centralized exchanges, underscoring a potential risk dynamic for traders and institutions.
If Bitcoin trades above $95,000, the estimate for short liquidations on mainstream CEXs stands at about $598 million, signaling a possible squeeze event for leveraged bets.
Conversely, a drop below $91,000 could unleash roughly $992 million in long liquidations on these venues, highlighting asymmetrical risk at critical downside thresholds.
COINOTAG notes the liquidation chart does not disclose exact contract counts; the bars reflect the relative intensity of each liquidation cluster and the potential impact of reaching that price level.
In practice, this framing suggests that price visits to these thresholds could trigger a liquidity cascade, reinforcing prudent risk controls and measured positioning in the crypto market.
