Bitcoin Price Surges Past $114,000 Could Trigger $1.389 Billion Short Liquidations

On July 10th, data from Coinglass revealed significant thresholds for Bitcoin’s price movements that could impact market liquidity. If Bitcoin's price exceeds $114,000, the total short liquidation volume across major centralized exchanges (CEXs) is estimated to reach approximately $1.389 billion. Conversely, if the price drops below $108,500, long liquidation events could total nearly $1.994 billion. These figures highlight critical liquidation pressure zones that traders and institutional investors need to closely monitor.

It is important to note that the liquidation chart provided by COINOTAG does not specify exact contract numbers or liquidation values. Instead, it illustrates the relative intensity of liquidation clusters, providing insights into potential market reactions. A prominent liquidation bar indicates heightened volatility as the price approaches these critical levels, driven by cascading liquidations that can amplify price movements within the crypto ecosystem.