According to ChainCatcher, Coinglass data shows updated liquidation intensity levels for BTC on major centralized exchanges. If BTC drops below $60,310, cumulative long liquidation intensity across major CEXs would reach $1.074 billion. The figure reflects the concentration of leveraged long positions around that downside price area.
Short liquidation intensity above $66,290
The same Coinglass data shows that if BTC breaks above $66,290, cumulative short liquidation intensity on major CEXs would reach $709 million. In other words, short positions also face concentrated liquidation pressure near the upper price level, though the stated amount is lower than the long-side liquidation intensity linked to $60,310.
Liquidation intensity is used to track where leveraged positions are concentrated around specific price levels, and it is not the same as the amount of liquidations that has already occurred. The two price points cited in the Coinglass data are $60,310 and $66,290, corresponding respectively to cumulative long and short liquidation intensity on major CEXs.