Bitcoin’s Liquidation Risks: Key Thresholds at $93,000 and $95,000 Revealed

On May 5th, **COINOTAG News** reported crucial insights from **Coinglass data** regarding Bitcoin’s price volatility. Should Bitcoin **dip** below **$93,000**, mainstream **centralized exchanges (CEXs)** could witness a staggering **$524 million** in cumulative long liquidations. Conversely, should the price surge past **$95,000**, **short liquidations** could amount to **$345 million**. It’s essential to note that the **liquidation chart** does not detail the precise number of contracts affected; instead, it emphasizes the relative intensity of liquidation clusters. Each bar represents the potential impact on asset pricing as specific thresholds are reached. A more substantial “liquidation bar” signifies that hitting the mentioned price points could trigger significant market reactions due to cascading liquidity effects. Understanding these dynamics is crucial for traders looking to navigate the ever-fluctuating **cryptocurrency market** with insight and strategy.