COINOTAG News reports on November 28 that, according to Coinglass, a breakout above $93,000 for Bitcoin could elicit a wave of short liquidations on major CEXs, with the total projected near $1.042 billion.
Conversely, a dip below $89,000 could unleash substantial pressure from long positions, with cumulative long liquidation estimates near $1.16 billion on mainstream CEXs.
COINOTAG notes that the liquidation chart reflects relative intensity rather than precise contract counts. The visualization indicates how each price cluster may trigger liquidity‑driven moves, with higher bars signaling a stronger reaction when that target is reached.
Source: https://en.coinotag.com/breakingnews/bitcoin-liquidation-signals-1-042b-short-on-cex-if-btc-breaks-93k-and-1-16b-long-if-it-falls-below-89k
