Coinglass: Bitcoin Could Trigger $1.289B CEX Short Liquidations at $114,000 — $1.231B Long Liquidations Below $111,000

COINOTAG News (Sept. 4) cites Coinglass data indicating that, should Bitcoin break above $114,000, the cumulative short liquidation intensity across major centralized exchanges (CEXs) would register approximately $1.289 billion. Conversely, a decline below $111,000 corresponds to an estimated cumulative long liquidation intensity near $1.231 billion, per the same dataset.

COINOTAG notes the liquidation chart does not report exact contract counts or nominal liquidation values; rather, the chart visualizes the relative intensity of liquidation clusters. In practice, higher bars denote greater potential market impact and a more pronounced liquidity cascade when the underlying asset price reaches those specified levels, informing risk-management and execution strategies.