Bitcoin Liquidation Strength Could Surge to $359M if Price Breaks $108,000, Coinglass Data Reveals

According to recent data from Coinglass, a breakthrough of Bitcoin above the $108,000 threshold could trigger a significant short liquidation event on major centralized exchanges (CEXs), with cumulative liquidation strength estimated at $359 million. Conversely, a decline below $104,000 may prompt a substantial long liquidation, totaling approximately $310 million. It is important to note that these figures represent the relative strength of liquidation clusters rather than exact contract quantities or liquidation values. The liquidation chart serves as a critical indicator of potential market volatility, illustrating how price movements near key levels may induce cascading liquidations. A pronounced liquidation bar signals heightened market sensitivity, suggesting that reaching these thresholds could lead to amplified price reactions due to liquidity cascades. Traders and investors should closely monitor these liquidation zones to better anticipate market dynamics and manage risk exposure effectively.