Bitcoin Short Liquidations Could Hit $371M Above $104K, Coinglass Data Show
Coinglass data show short positions worth $371 million face liquidation across major cryptocurrency exchanges if Bitcoin rises above $104,000. Long positions totaling $552 million could be liquidated on mainstream centralized exchanges should Bitcoin fall below $101,000. The liquidation chart represents relative intensity of clustered liquidation levels, with higher bars indicating stronger market reactions due to liquidity waves at those price points.