Bitcoin News Today: Bitcoin Near $108,000 Risks $666M Long Liquidations $110,000 Triggers $42.9M Shorts

According to data provided by Coinglass and reported by COINOTAG, Bitcoin’s price action near key thresholds could trigger significant liquidation events across major centralized exchanges [1]. If Bitcoin drops below $108,000, the liquidation intensity for long positions is estimated to reach approximately $666 million. Conversely, if Bitcoin surges past $110,000, short liquidation intensity would amount to roughly $42.9 million.

These figures reflect the relative intensity of liquidation clusters rather than precise notional values or contract counts. The liquidation intensity chart visualizes the concentration of liquidation pressure at various price levels, with taller bars indicating higher potential for cascading selling or buying pressure [1]. This means that while a drop below $108,000 signals a high-risk zone for long position liquidations, a push above $110,000 could result in relatively smaller short covering.

The disparity between long and short liquidation risks highlights the current positioning of traders in the market. A significant portion of leveraged long positions appears to be clustered near the $108,000 level, making it a critical support area. In contrast, short liquidation pressure is concentrated slightly higher, suggesting that traders are less exposed to downside risks above that threshold. This distribution may influence short-term price volatility, as liquidation events can amplify price movements.

Risk managers and traders should interpret the intensity bars as potential zones of heightened volatility rather than exact liquidation volumes. Taller bars near $108,000 and $110,000 may trigger liquidity cascades, thereby intensifying price swings. The data underscores the importance of monitoring these levels closely, as they could serve as either catalysts for further declines or signs of stabilization and reversal in Bitcoin’s price trajectory [1].

Source:

[1] COINOTAG - [Coinglass Data: Bitcoin Below $108,000 Risks $666M Long Liquidations — Above $110,000 Triggers Only $42.9M in Short Liquidations](https://en.coinotag.com/breakingnews/coinglass-data-bitcoin-below-108000-risks-666m-long-liquidations-above-110000-triggers-only-42-9m-in-short-liquidations/)