Bitcoin Liquidation Risk: $301M Short Above $11,300 vs $657M Long Below $11,000 — Coinglass

According to Coinglass data reported by COINOTAG on September 29, a move of Bitcoin above $11,300 corresponds to a cumulative short liquidation intensity of roughly $301 million across major centralized exchanges (CEX), while a decline below $11,000 aligns with cumulative long liquidation intensity near $657 million.

The published liquidation chart illustrates relative cluster significance rather than precise contract counts or exact monetary values; each bar quantifies the intensity of a liquidation cluster compared with adjacent clusters, serving as a proxy for potential market impact rather than an absolute measure.

Practitioners should note that larger liquidation bars signal a greater likelihood of a liquidity cascade that can amplify short-term volatility; incorporating these observable liquidation levels into position sizing and broader risk management frameworks is prudent.