According to Coinglass data, if Bitcoin drops below $76,796, the cumulative long liquidation intensity on major centralized exchanges would reach $2.935 billion. Conversely, if Bitcoin breaks above $84,776, the short liquidation intensity would be $1.534 billion. The data underscores liquidation risk at key price thresholds, offering insight into market leverage.
Coinglass data points to two liquidation hotspots for Bitcoin: $76,796 and $84,776. Drop below $76,796, and long positions totaling $2.935 billion on major centralized exchanges sit in the liquidation zone. Push above $84,776, and short positions worth $1.534 billion are the ones facing liquidation. Simple as that. The figures, published by Coinglass, show how big forced closures could get at those prices.
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