Bitcoin Long Liquidations Could Hit $606M at $88K, Shorts at $91K

Cumulative long position liquidations across major centralized exchanges would reach $606 million if Bitcoin falls below $88,000, Coinglass data show on Dec. 7. Conversely, cumulative short position liquidations would reach $611 million if Bitcoin breaks above $91,000. Coinglass notes that liquidation charts display the relative importance of each liquidation cluster rather than precise contract numbers, with higher bars indicating stronger market reactions at those price levels.