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COINOTAG, citing Coinglass data on September 26, reports that if Bitcoin declines below $108,000 the aggregate long liquidation intensity across mainstream CEXs would reach approximately $832 million. Conversely, a move above $110,000 would correspond to a cumulative short liquidation intensity near $206 million, according to the same dataset.
The accompanying liquidation chart should be interpreted as a measure of relative cluster importance rather than a ledger of exact contract counts or notional values; its bars represent the comparative intensity of liquidation clusters versus neighbouring levels, not absolute contract quantities.
Practically, the chart illustrates how materially the underlying asset’s price may react when it reaches specific thresholds: a taller liquidation bar signals a potentially stronger price reaction driven by a liquidity cascade, rather than guaranteeing precise liquidation amounts.
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