COINOTAG News, citing Coinglass data, highlights key risk levels for the Bitcoin market. If Bitcoin breaks through $92,000, the cumulative short liquidation intensity across mainstream CEX could crest at about $557 million. The metric represents relative impact rather than precise contract counts, with liquidation bars signaling how aggressively price moves may trigger liquidity cascades in order books rather than exact notional figures.
Conversely, a dip below $89,000 could see the cumulative long liquidation intensity approach $838 million on major exchanges. COINOTAG notes that the chart measures relative intensity, not the exact value of contracts liquidated; taller bars imply a higher risk of price impact as liquidity evaporates, underscoring the role of risk management and market depth awareness for traders and institutions.
Source: https://en.coinotag.com/breakingnews/bitcoin-at-92000-could-trigger-557m-in-short-liquidations-on-major-exchanges-dropping-to-89000-may-spark-838m-in-long-liquidations
