Bitcoin Tops $77,000 Level; Coinglass Flags $1.086B Potential Short Liquidations Across Major CEXs

BlockBeats reported on April 14 that Coinglass data show a move by Bitcoin above $77,000 could unleash about $1.086 billion in cumulative short liquidations across major centralized exchanges (CEXs). If BTC instead drops below $73,000, cumulative long-side liquidation pressure on major CEXs could climb to roughly $1.512 billion. BlockBeats noted that the liquidation heatmap does not provide the exact number of contracts awaiting liquidation or the precise notional value of liquidated positions. The chart's bars indicate the relative intensity of liquidation clusters versus nearby levels, offering a sense of where price may see stronger reactions. Taller bars suggest a larger liquidity event may be triggered once the market reaches that price zone.