Bitcoin: CEX Short Liquidations Could Reach $945M If BTC Breaks $11.8k, While $964M Long Liquidations Possible If BTC Falls Below $11.3k

COINOTAG reports, citing Coinglass data on October 27, that a breakout of Bitcoin beyond $11,800 could unleash meaningful liquidation pressure on mainstream CEX venues, with the tally approaching $945 million.

Conversely, a decline below $11,300 may trigger a sizable cluster of long liquidation on dominant exchanges, with totals around $964 million.

COINOTAG notes that the liquidation chart should be viewed as a relative indicator, not a precise count of contracts; the bars represent the relative intensity of potential liquidity cascades at each level, signaling how much price action could follow if those thresholds are hit.