Bitcoin Short Liquidations Could Hit $1.696B Above $110K, Coinglass Data Show
Coinglass data show cumulative short liquidation intensity across major centralized exchanges would reach $1.696 billion if Bitcoin surpasses $110,000, reported on Oct. 23. Long liquidation intensity would total $1.3 billion should Bitcoin fall below $106,000. The liquidation chart represents relative strength of liquidation clusters rather than precise contract volumes, indicating market impact degree when prices reach specific levels.