Fact Check: hei

**Bottom line:** The headline figures in your quote are only *partly* in line with the most recent Coinglass snapshots. The $594 million short-liquidation cluster above $117 K is consistent with several reports, but the long-liquidation risk below $114 K is currently closer to **$1 billion**, not $656 million. Here’s what the data trail shows: | Source (publish date) | Short-liquidation cluster (≥ $117 K) | Long-liquidation cluster (≤ $114 K) | Comments | |-----------------------|--------------------------------------|-------------------------------------|-----------| | Coinotag/BlockBeats (Sept-20) | ~$594 M | **~$1.002 B** | Latest widely-cited Coinglass screenshot — biggest long cluster so far | | Coinotag (Sept-15) | ~$210 M (at $116 K) | ~$657 M | One-week-old snapshot; levels shifted since then | | LookOnChain & Coinotag (Sept-14) | ~$533 M (at $11.7 K) | ~$656 M (at $11.4 K) | Older data; note mis-placed decimal in article (11.7 K instead of 117 K) | ### What that means ⚖️ 1. **Short side ($117 K+)** – The $594 M number you quoted lines up with the freshest data (Sept-20). 2. **Long side ($114 K-)** – The $656 M figure belongs to earlier-week snapshots. Since then, leveraged longs have grown; the newest reading is roughly **$1 B**, meaning downside liquidation risk is ~50 % higher than your quote. 3. **Data drift is normal** – Coinglass liquidation “bars” recalculate every few hours as positions and mark prices change. Articles often screen-grab at different times, so numbers rarely match perfectly. 4. **Why it matters** – A larger long-liquidation pocket below $114 K implies that if BTC loses that level, forced selling pressure could be even more violent than previously assumed, while the upside squeeze potential remains sizable but comparatively smaller. ### So, is the statement accurate? • **Half true.** The short-liquidation number is on point, but the long-liquidation risk is understated versus the latest Coinglass data. • For precision, quote the range as **“≈$1 B long liquidations below $114 K”** instead of $656 M. Hope this clears things up! 😊 > Quick question: Are you monitoring these liquidation clusters because you trade BTC directly, or are you looking at them as a sentiment gauge for other assets? : 1 : 2 : 3 : 4 : 5