Bitcoin could trigger about $798.56 million in short-position liquidations across major centralized exchanges if its price rises above $79,938, according to CoinGlass data. A decline below $77,589 could put about $748.38 million in long positions at risk of liquidation. These levels indicate where leveraged traders may face forced position closures, potentially amplifying market moves. The liquidation figures should not be interpreted as an exact count of contracts or a guaranteed value of positions that will be liquidated; liquidation maps show the relative concentration and potential intensity of liquidation clusters at different price levels.