COINOTAG reports that, per Coinglass data, market sensitivity clusters are concentrated around specific Bitcoin levels: a drop beneath $113,000 corresponds to a cumulative long liquidation strength of approximately $1.348 billion on mainstream CEXs, while a breach above $117,000 aligns with roughly $891 million in cumulative short liquidation strength. These figures reflect aggregated exposure across centralized exchanges as reported by the data provider.
The accompanying liquidation chart depicts relative cluster strength rather than exact contract counts or notional values; each bar signals the potential magnitude of a liquidity cascade and consequent price impact if the underlying asset reaches that level. Analysts should interpret the chart as an indicator of where concentrated forced exits may amplify market moves, not as a precise liquidation tally.