COINOTAG reported on August 22, citing Coinglass data that if Bitcoin breaks above $115,000 the aggregate short liquidation strength across major CEXs would reach approximately $1.642 billion, a material measure of concentrated derivative exposure.
The same dataset indicates that a decline of Bitcoin below $111,000 would correspond to cumulative long liquidation strength near $1.232 billion, reflecting the notional vulnerability of leveraged long positions on centralized venues.
Coinglass’s liquidation chart visualizes relative strength of liquidation clusters rather than exact contract counts or precise dollar values; taller bars denote levels where a price move may trigger a larger liquidity cascade and consequently greater potential market impact, rather than serving as a deterministic prediction.
‘,
‘
đź”’ Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!
‘,
‘
đź’Ž The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!
‘
];
var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();
Source: https://en.coinotag.com/breakingnews/coinglass-data-bitcoin-may-spark-1-642b-short-liquidations-at-115k-or-1-232b-long-liquidations-below-111k-on-major-cexs/