Bitcoin move above $80,000 could trigger $1.063B in short liquidations on major CEXs

Bitcoin surpassing $80,000 would correspond to an aggregate short liquidation intensity of $1.063B across major centralized exchanges on Feb. 2, Coinglass data show. A drop below $76,000 would be associated with a cumulative long liquidation intensity of $296M on these platforms. The liquidation heatmap does not represent the exact number of contracts to be liquidated or their precise value; instead, each bar reflects the relative importance of a liquidation cluster compared with nearby clusters, with higher bars indicating stronger potential market reactions if the price reaches those levels.