Coinglass data points to two major liquidation clusters in Bitcoin across leading centralized exchanges. If BTC falls below $59,055, cumulative long liquidation intensity could reach $1.196 billion. On the upside, if BTC breaks above $64,815, cumulative short liquidation intensity could climb to $937 million. The figures suggest leverage is concentrated on both sides of the current price range, leaving the market sensitive to directional moves and potential cascading liquidations.
Key BTC liquidation levels come into focus
According to Coinglass, if BTC drops below $59,055, the cumulative long liquidation intensity across major centralized exchanges could reach $1.196 billion. This indicates a relatively concentrated area of leveraged long positioning below that level. If price moves through it, liquidation pressure on long positions may accelerate quickly across mainstream CEX venues.
A break above $64,815 could squeeze shorts
On the other hand, if BTC rises above $64,815, cumulative short liquidation intensity across major CEXs could reach $937 million. The liquidation map suggests leveraged positions are meaningfully stacked on both sides of the current range, highlighting a market structure that remains highly sensitive to sharp directional moves. The data was cited from Coinglass, with the news initially reported by ChainCatcher.
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