The latest Coinglass data indicates that if Bitcoin breaches $114,000, cumulative short liquidation intensity on mainstream CEXs would reach approximately $1.226 billion. Conversely, a slide below $110,000 corresponds to projected cumulative long liquidation intensity near $1.603 billion, according to the reported metric.
The published liquidation chart does not enumerate exact contract counts or nominal liquidation values; instead it displays the relative liquidation intensity of clusters versus nearby levels. Higher bars signal a greater potential price response driven by a liquidity cascade, not a precise monetary total.
Institutional and retail participants should treat these figures as a directional risk signal and integrate them into position-sizing and order-book surveillance rather than as deterministic forecasts; they provide a data-driven lens for short-term market structure analysis.
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