Coinglass data cited by BlockBeats on July 24 indicates major CEXs face heavier potential long liquidations on a drop below $63,000 than short liquidations on a move above $67,000.
Bitcoin faces sizable liquidation pressure on both sides of the market, with Coinglass data cited by BlockBeats on July 24 showing cumulative short liquidation intensity across major CEXs (centralized exchanges) could reach $1.099 billion if the token rises above $67,000. On the downside, cumulative long liquidation intensity could reach $1.34 billion if Bitcoin falls below $63,000. BlockBeats said the liquidation map reflects relative intensity rather than exact contract counts or notional values, meaning the figures point to where leverage is concentrated rather than providing a precise measure of positions outstanding.