Bitcoin Liquidation Alert: Coinglass Shows $1.52B Longs at Risk Below $110K, $1.53B Shorts if Price Tops $115K

COINOTAG (Sept. 23) reports that Coinglass data shows a notable distribution of potential liquidations: a drop of Bitcoin beneath $110,000 corresponds to a cumulative long liquidation intensity of about $1.519 billion across major CEXs, while a rally above $115,000 would align with roughly $1.528 billion in cumulative short liquidation intensity. The outlet underscores that the liquidation chart visualizes relative liquidation intensity per cluster rather than exact contract counts or nominal values, meaning the bars signal how strongly a given price level may trigger a liquidity cascade and subsequent price reaction, not a precise measure of contracts to be closed.