ChainCatcher reported, citing Coinglass data, that BTC’s nearby price levels show a clear difference in liquidation intensity on major centralized exchanges. According to the data, if BTC breaks above $65,864, cumulative short liquidation intensity across major CEX platforms would reach $2.093 billion.
Liquidation Intensity Around Key BTC Levels
On the downside, Coinglass data shows that if BTC falls below $59,834, cumulative long liquidation intensity on major centralized exchanges would reach $704 million. The two figures correspond to different price-trigger scenarios: short positions facing pressure if BTC moves higher, and long positions facing pressure if BTC moves lower.
Liquidation intensity is commonly used to observe how leveraged positions are distributed around specific price levels. In this data set, the short liquidation intensity above $65,864 is higher than the long liquidation intensity below $59,834. The figures were provided by Coinglass and reported by ChainCatcher.