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Bitcoin Short Liquidations May Hit $557M If Price Surpasses $92,000

Cumulative short position liquidations across major centralized exchanges may reach $557 million if Bitcoin surpasses $92,000, Coinglass data show on November 29. Long position liquidations could hit $838 million should Bitcoin fall below $89,000. Coinglass notes liquidation charts display relative intensity of liquidation clusters rather than precise contract volumes, with higher bars indicating stronger potential price reactions when specific levels are reached.
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