Bitcoin Liquidation Watch: 259M CEX Long If BTC Falls Below $107k, and 128M CEX Short If It Surpasses $109k
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
According to COINOTAG, citing Coinglass data, a Bitcoin drop below $107,000 would drive a cumulative long liquidation intensity on mainstream CEX to about $259 million.
By contrast, a move above $109,000 could push the cumulative short liquidation intensity across major CEX to roughly $128 million.
COINOTAG notes that the chart does not display exact contract counts or notional values; the bars indicate the relative importance of each liquidation cluster, i.e., the liquidity intensity, signaling how price could react if those thresholds are reached, with higher bars implying a sharper reaction due to a potential liquidity cascade.
This framing helps traders assess market risk around key price levels and understand potential volatility in the crypto space.