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Bitcoin price thresholds reported by Coinglass show that a breach above $117,000 corresponds to a cumulative short liquidation intensity of approximately $895 million on mainstream CEX, while a slide below $114,000 aligns with cumulative long liquidation intensity near $585 million. These figures represent aggregated intensity metrics derived from exchange data and should be interpreted as relative stress indicators rather than exact contract counts or notional values.
The accompanying liquidation chart maps the relative importance of liquidation clusters and highlights where a liquidity cascade may amplify price moves. Taller liquidation bars signal greater potential market impact at specific levels due to concentrated leveraged positions and order-book fragility; risk managers can incorporate these intensity signals into scenario analysis while accounting for limitations in chart granularity and exchange reporting.
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