Bitcoin move to $97,000 or $93,000 could trigger over $1.39B in CEX liquidations
Bitcoin could trigger an estimated $645 million in cumulative short liquidations on major centralized exchanges if its price reaches $97,000, Coinglass data show. A drop below $93,000 would correspond to about $752 million in long liquidations across leading CEXs. The liquidation heatmap does not represent exact contract counts or precise liquidation values, but reflects the relative intensity of each liquidation cluster compared with adjacent clusters, with higher bars indicating stronger expected market reactions driven by liquidity shifts.