Bitcoin Long Positions Face $623M Liquidation Risk at $84,000, Coinglass Data Show
Coinglass data show cumulative long position liquidation intensity across major centralized exchanges would reach $623 million if Bitcoin falls below $84,000 on Nov. 23. Cumulative short position liquidation intensity stands at $533 million should Bitcoin break above $88,000. Coinglass notes liquidation charts display relative intensity between liquidation clusters rather than precise contract quantities, with higher bars indicating stronger potential price reactions due to liquidity waves at those levels.