Bitcoin Could Spark $1.651B CEX Short Liquidations If BTC Falls Below $11.2 — $1.303B If Rebounds Above $11.8 (Coinglass / BlockBeats)
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
According to Coinglass data cited by COINOTAG on October 13, if Bitcoin rebounds above $11.8K, mainstream CEX cumulative short liquidation intensity is estimated at approximately $1.303 billion; conversely, a decline beneath $11.2K corresponds to an intensity near $1.651 billion.
The published liquidation chart does not enumerate exact contract counts or nominal contract values; instead it depicts relative cluster importance by showing the liquidation intensity of each price band versus adjacent bands, serving as a visual metric of concentration risk.
Higher liquidation bars therefore reflect the potential for a stronger market reaction due to a liquidity cascade when the underlying price intersects those levels, providing traders and risk managers a quantifiable gauge of clustered exposure.