Bitcoin Liquidation Forecast: Key Price Levels That Could Trigger $874 Million Long or $1.183 Billion Short Liquidations

On May 24th, COINOTAG reported significant insights from Coinglass regarding Bitcoin price levels. Should the cryptocurrency drop below **$106,000**, a staggering **$874 million** in long positions on mainstream CEXs could face liquidation. Conversely, a rise above **$110,000** may trigger the liquidation of **$1.183 billion** in short positions. It is crucial to note that the liquidation chart, while informative, does not provide exact contract figures; rather, it highlights the **liquidation intensity** relative to nearby clusters. The chart’s bars signify potential price reactions at critical benchmarks, indicating that a higher liquidation intensity suggests a more pronounced **market response** when these thresholds are reached. Understanding these dynamics is vital for investors navigating the volatile crypto landscape, emphasizing the need for strategic positioning amidst impending liquidity events.