Bitcoin Key Levels Trigger Massive CEX Liquidation: $491M Longs If Price Dips Under $87k and $866M Shorts If It Breaks Above $91k

COINOTAG News, citing Coinglass data, reports that a drop below $87,000 for Bitcoin would push the cumulative long liquidations on major CEX to about $491 million. By contrast, a rally above $91,000 could trigger roughly $866 million in short liquidations across mainstream exchanges.

The accompanying note clarifies that the liquidation chart is not a precise ledger of open contracts; the vertical bars reflect the relative significance of each cluster to neighboring levels—what analysts describe as liquidity intensity. A higher bar signals a more pronounced reaction once the price is breached, due to potential liquidity cascade effects.

For traders and risk managers, these levels serve as risk indicators to calibrate hedges and exposure, while acknowledging chart limitations and avoiding overinterpretation of exact volumes.