$1.15B in Long Liquidations Loom if Bitcoin Falls Below $102K, Data Shows

In Brief:

If BTC drops below $102,000, cumulative long liquidations on major exchanges could hit $1.148 billion.

A break above $105,000 could trigger $821 million in short liquidations, according to Coinglass.

According to data from Coinglass shared by Blockbeats on May 16, Bitcoin is approaching key liquidation zones that could trigger massive volatility on centralized exchanges (CEXs).

If BTC falls below $102,000, the estimated cumulative liquidation intensity for long positions across major CEXs could reach $1.148 billion. Conversely, if Bitcoin breaks through the $105,000 resistance level, short positions totaling around $821 million could be wiped out.

These figures are derived from liquidation heatmaps, which visualize areas of potential forced liquidations based on open interest clusters and price movement. While the charts don't reflect the exact dollar value of liquidated contracts, they illustrate zones where liquidity shocks are most likely to occur.

Higher liquidation intensity bars indicate that price movements in those zones could trigger stronger market reactions, as cascading liquidations force rapid price action. Traders are watching these levels closely, with BTC now hovering between high-impact thresholds that could determine short-term trend direction.

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