Bitcoin Liquidation Alert: $1.745B Shorts at $116K and $1.701B Longs at $112K on CEXs

Coinglass data indicate that if Bitcoin trades above $116,000, the cumulative short liquidation intensity on mainstream CEXs would reach approximately $1.745 billion. Conversely, the dataset shows that a decline of Bitcoin below $112,000 would correspond with cumulative long liquidation intensity near $1.701 billion, highlighting concentrated risk thresholds for derivatives markets.

The accompanying liquidation chart visualizes relative cluster activity rather than exact contract counts or dollar amounts; each bar reflects the intensity of a liquidation cluster relative to neighboring levels. In practical terms, a taller liquidation bar signals a greater potential price reaction of the underlying asset when that particular liquidity wave is triggered, informing risk management and order-book positioning.