Bitcoin Liquidation Alert: Drop Under $115K Could Trigger $1.279B Long Liquidations While Rally Above $117K Spurs Just $41.8M Shorts

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According to Coinglass data cited by COINOTAG on September 17, a drop in Bitcoin below $115,000 corresponds to a cumulative long liquidation intensity of approximately $1.279 billion on major CEXs, while a rise above $117,000 is associated with a cumulative short liquidation intensity near $41.8129 million.

COINOTAG clarifies that the liquidation chart reflects relative intensity across price clusters rather than exact contract counts or notional values; each bar indicates the comparative weight of a liquidation cluster versus adjacent clusters and the potential market impact at that price level.

For market participants, these liquidation metrics offer actionable input for risk management, informing assessments of order-book liquidity, margin exposure and the susceptibility to liquidity cascades at key price thresholds without implying directional forecasts.

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Source: https://en.coinotag.com/breakingnews/bitcoin-liquidation-alert-drop-under-115k-could-trigger-1-279b-long-liquidations-while-rally-above-117k-spurs-just-41-8m-shorts/