CoinGlass data indicates that Bitcoin falling below $78,230 could expose approximately $1.03 billion in long positions to liquidation on major centralized exchanges, while a rise above $81,470 could trigger about $463.12 million in short liquidations. Liquidations occur when exchanges forcibly close leveraged positions after losses reduce margin below maintenance requirements. CoinGlass aggregates open interest and leverage data from exchanges including Binance, Bybit and OKX. An earlier CoinGlass report cited by ChainCatcher gave different thresholds and estimates: $1.124 billion in long-liquidation intensity below $73,490 and $1.076 billion in short-liquidation intensity above $80,770, reflecting separate market snapshots rather than simultaneous estimates. The levels may amplify price moves but are not guaranteed predictors of Bitcoin's direction.