Bitcoin Faces $1.218B Long Liquidations Below $110K and $725M Short Liquidations Above $114K, Coinglass Data Warns

COINOTAG News, citing Coinglass data, notes that if Bitcoin falls below 110,000, the cumulative long liquidation intensity on major CEXs could reach $1.218 billion, highlighting material derivatives risk as price levels engage liquidity pools.

Conversely, a breakout above 114,000 may drive the cumulative short liquidation intensity on major CEXs to roughly $725 million, underscoring how bullish thresholds can trigger rapid liquidity shifts and potential volatility in the spot-to-derivatives chain.

COINOTAG notes that the liquidation chart reveals intensity rather than exact contract counts. The bars reflect the relative importance of each cluster; higher bars imply a stronger potential price impact when price reaches that level, signaling a liquidity cascade risk for traders and risk managers.