Bitcoin Liquidation Alert: $11.1K Could Trigger $1.003B Short Squeeze, Drop Below $10.7K Risks $1.579B Long Liquidations — Coinglass/CEX Data

COINOTAG (Sept 27) cites Coinglass data showing that a breakout of Bitcoin above $11.1K corresponds to cumulative short liquidation intensity of approximately $1.003 billion across major CEXs, while a decline beneath $10.7K maps to cumulative long liquidation intensity near $1.579 billion. These figures represent aggregated intensity metrics tied to derivative positions on centralized venues, as reported by the data provider.

The accompanying liquidation chart, COINOTAG notes, does not disclose exact contracts or notional values but instead visualizes relative intensity of liquidation clusters; taller bars indicate higher potential price impact if those levels are reached due to a liquidity cascade. Market participants can use these intensity metrics to assess order-book vulnerability and concentration of leverage, although they should be treated as indicators of market sensitivity rather than precise forecasts.