Coinglass: BTC Break Above $66,438 Would Put Mainstream CEX Short Liquidation Intensity at $1.098B

Coinglass: BTC Break Above $66,438 Would Put Mainstream CEX Short Liquidation Intensity at $1.098B

N
News Editor
2026-06-12 15:00:54
ChainCatcher cited Coinglass data showing that if BTC breaks above $66,438, cumulative short liquidation intensity on mainstream CEXs would reach $1.098 billion. If BTC falls below $60,182, cumulative long liquidation intensity would reach $996 million.
BTCCoinglassLiquidation IntensityCEXMarket Analysis

According to ChainCatcher, data from Coinglass shows that if BTC breaks above $66,438, cumulative short liquidation intensity across mainstream centralized exchanges would reach $1.098 billion. The figure is tied to the condition that the price reaches that level, and it reflects the concentration of short-position liquidation pressure around that price on major CEX platforms.

On the downside, the same Coinglass data shows that if BTC drops below $60,182, cumulative long liquidation intensity across mainstream CEXs would reach $996 million. In other words, the two referenced BTC price levels correspond to different liquidation pressure zones: $66,438 for short positions and $60,182 for long positions.

Liquidation intensity data is commonly used to observe how leveraged positions are clustered around specific market levels. In this update, the short-side figure stands at $1.098 billion, while the long-side figure stands at $996 million, both based on Coinglass statistics for mainstream CEXs.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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