According to ChainCatcher, on-chain data platform Coinglass has released the latest liquidation data for Bitcoin (BTC), highlighting two key price levels where concentrated leveraged positions exist. If BTC price rises above $62,664, the cumulative short liquidation intensity on major centralized exchanges (CEXs) will reach $1.87 billion. Conversely, if BTC price drops below $56,805, the cumulative long liquidation intensity will reach $1.34 billion.
BTC Break Above $62,664: $1.87B Short Squeeze Potential
Coinglass aggregates leverage contract data from major CEXs including Binance, OKX, and others. When BTC breaks above $62,664, the total forced liquidation orders for all short positions on these exchanges could amount to $1.87 billion. This figure represents the potential liquidation scale based on current open interest, reflecting the concentration of short-leveraged capital at this price level.
BTC Drop Below $56,805: $1.34B Long Liquidation Risk
In the opposite direction, if BTC falls below $56,805, it would trigger forced liquidation of long positions totaling $1.34 billion. Long liquidations tend to amplify downward momentum in a falling market, though the actual impact depends on market liquidity and order book depth. These two price levels mark the most leveraged-intensive zones, providing traders with crucial reference points for risk assessment.