Significant liquidations on major exchanges may be triggered by fluctuations in bitcoin prices. ChainCatcher cites data from Coinglass as evidence that the cumulative liquidation intensity of short positions on major centralized exchanges will reach $1.898 billion in the event that Bitcoin surpasses $94,065. Conversely, the cumulative liquidation intensity of long positions on these exchanges will amount to $1.027 billion if Bitcoin falls below $85,136.
