Bitcoin Long Positions Face $1.185B Liquidation Risk at $84,000
Coinglass data show cumulative long position liquidation intensity across major centralized exchanges would reach $1.185 billion if Bitcoin falls below $84,000 on November 21. Short position liquidation intensity would hit $278 million should Bitcoin break above $88,000. The liquidation chart represents the relative importance of each liquidation cluster rather than precise contract volumes, indicating potential market impact when price reaches specific levels.