Warning from Coinglass: Surpassing Bitcoin's price of $95,000 may lead to short liquidations worth $163 million
According to the latest data from Coinglass, Bitcoin (BTC) could lead to significant short pressure if it breaks above $95,000, with the estimated cumulative short liquidation severity across major centralized exchanges (CEX) reaching $163 million.
Conversely, a drop below $93,000 would put long positions at risk, with an expected $68.45 million in cumulative long liquidation, indicating a highly leveraged market with critical price thresholds on both sides.
The $95,000 breakout zone holds the largest short liquidation pool
While Bitcoin trades around $94,000 - $94,500, the $95,000 level has now become a technical and psychological turning point, with a substantial number of short positions vulnerable to liquidation.
While Coinglass’s liquidation heatmap does not show contract values or exact quantities, it highlights the relative strength of liquidation pools - effectively showing how aggressively the price interacts upon reaching certain levels.
"The higher the liquidation bar, the more the price will react aggressively to a wave of liquidity after reaching that point," Coinglass explained.
This means that if Bitcoin rises above $95,000, the forced pressure on short liquidation could push prices higher, reinforcing the bullish momentum by 3.37%.