Bitcoin Long Positions Face $848M Liquidation Risk Below $102K
Coinglass data show cumulative long position liquidation intensity across major centralized exchanges would reach $848 million if Bitcoin falls below $102,000 on November 11. Short position liquidation intensity would reach $695 million if Bitcoin breaks above $106,000. Coinglass notes the liquidation charts display relative importance of each cluster rather than precise contract volumes, indicating potential market impact at specific price levels.