Bitcoin Nears $10.9K Triggering $1.345 B Short Liquidations, Coinglass Reports

Bitcoin short liquidation intensity on major centralized exchanges (CEXs) is poised to influence market sentiment this week. Coinglass data indicates that when the digital asset trades above $10.9 K, the aggregate short position liquidations could reach a staggering $1.345 billion. Conversely, a decline below $10.4 K could trigger liquidations surpassing $1.5 billion, triggering a liquidity cascade that may amplify price volatility.

It is important to note that the chart represents liquidation intensity rather than absolute contract volume, signifying the relative weight of each cluster. A taller “liquidation bar” signals that crossing that threshold is likely to prompt a rapid shutdown of leveraged trades, creating a self‑reinforcing pressure on price.

For portfolio managers and traders, these intensity peaks provide a tangible risk metric. Monitoring the $10.4–$10.9 K corridor allows for calibrated hedging strategies, tighter stop‑loss placements, and better anticipation of market swings driven by forced liquidations.