**Bitcoin Nears Critical Price Levels That May Unleash Massive Exchange Liquidations**
New data reveals Bitcoin faces heightened liquidation risks as its price approaches key thresholds. Analytics platform Coinglass reports that a drop below $95,000 could trigger over $623 million in long position liquidations across major centralized exchanges (CEX). Conversely, a surge above $97,000 may force $242 million in short positions to unwind.
BlockBeats clarifies that the Coinglass liquidation chart reflects *relative market pressure* rather than exact contract values. Each "liquidation bar" signifies the intensity of clustered positions at specific price points compared to nearby levels. Higher bars indicate zones where price breaches could amplify volatility, as cascading liquidations would flood markets with rapid buy/sell orders.
This metric highlights how liquidity concentrations at these thresholds might act as accelerants—prices nearing $95,000 or $97,000 could see exaggerated swings as automated liquidations compound momentum. Traders are closely monitoring these levels, as breaching them may set off waves of forced trading activity.