Bitcoin faces $806M liquidation clusters near $91,000 and $88,000 levels on major CEXs

Bitcoin could trigger an estimated $806 million in cumulative short liquidations on major centralized exchanges if the price rises above $91,000 on January 2, Coinglass data cited by BlockBeats show. The same data show that a drop below $88,000 would correspond to roughly $806 million in aggregate long liquidations on these platforms. BlockBeats noted that the liquidation heatmap does not represent the exact number of contracts to be liquidated or their precise notional value, but rather the relative significance of each liquidation cluster compared with neighboring clusters. Higher liquidation bars on the chart indicate price levels where market reactions may become more pronounced due to liquidity waves if reached.