On Dec. 31, Coinglass data shows Bitcoin would trigger **$709 million in total short liquidations** across major centralized exchanges (CEXs) if it surges above $90,000. Conversely, a drop below $87,000 would lead to **$823 million in total long liquidations** on these major CEXs. BlockBeats Note: Liquidation charts do not display the exact number or value of contracts being liquidated. The bars instead reflect the **relative significance** of each liquidation cluster compared to adjacent ones — i.e., their intensity. In short, the chart illustrates how impactful reaching a given price level will be: A taller “liquidation bar” signals a stronger market reaction (driven by a liquidity cascade) when prices hit that threshold.
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