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Liquidation Data: BTC Drop Below $60,941 Could Trigger $1.265B in Longs

According to data, if Bitcoin falls below $60,941, the cumulative long liquidation intensity on major centralized exchanges (CEX) could reach $1.265 billion. This highlights a potential cascade of forced selling that may exacerbate downward price pressure.

Original source

AI take

The figure is a map of leveraged positioning rather than a forecast: it shows where forced selling would concentrate if that level gives way, which matters because cascading liquidations can turn an orderly pullback into a disorderly one. The exposure sits with traders holding leveraged longs on major centralized venues, not with spot holders. Whether that cluster actually gets tested, and whether it absorbs or amplifies the move, is the open question worth watching.

Generated by AI for reference only.

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