Bitcoin faces $1.017B long liquidations at $86,000 and $677M short liquidations at $90,000 on major CEXs

Bitcoin could trigger an estimated $1.017B in cumulative long liquidations on major centralized exchanges if its price falls below $86,000 on December 23, Coinglass data show. A break above $90,000 would correspond to about $677M in total short liquidation intensity across leading CEXs, the data indicate. BlockBeats noted that the liquidation heatmap bars represent the relative importance, or intensity, of each liquidation cluster rather than the exact number or value of contracts to be liquidated.