If BTC drops below $61,030, long liquidation intensity on major CEXs could reach $1.232B

This is a leverage-map observation, not a forecast: it quantifies how much forced selling sits just beneath the market rather than predicting that it triggers. The signal matters because liquidation clusters can turn an ordinary pullback into a self-reinforcing move, affecting leveraged traders most directly while spot holders absorb the spillover in volatility. The open question is whether price actually tests that level and whether the resting liquidation density holds or thins out beforehand.