Bitcoin faces $1.556B long liquidations below $94,000 and $749M short liquidations above $98,000 on CEX platforms

Coinglass data show Bitcoin could trigger an estimated $1.556B in cumulative long position liquidations on major centralized exchanges if the price falls below $94,000 on January 15, BlockBeats reports. A move above $98,000 would trigger roughly $749M in cumulative short liquidations on these platforms. BlockBeats noted the liquidation heatmap reflects relative strength of each cluster rather than exact contract values, with higher bars indicating stronger potential reactions at those price levels.