Bitcoin Faces Major CEX Liquidation Surge: $531M Long at $84,000 and $559M Short at $87,500
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 December 16, Bitcoin price levels around $84,000 emerge as a notable risk trigger. If BTC slips below this threshold, the cumulative long liquidation intensity on mainline centralized exchanges (CEXs) is estimated near $531 million, underscoring potential volatility for leveraged traders.
In contrast, a move above $87,500 would drive the market into heavier bearish pressure, with the same data suggesting about $559 million in cumulative short liquidation intensity on mainstream CEXs.
COINOTAG explains that the liquidation chart represents the relative importance of each cluster rather than exact contract counts. The visual bars indicate how strongly a price point could trigger a liquidity cascade and influence the asset’s price, offering a risk-management signal for market participants.