Bitcoin and Ethereum Price Levels Could Trigger Over $1.4 Billion in Liquidations

Coinglass data now shows updated Bitcoin thresholds—$65,000 and $69,000—that could spark hundreds of millions in long and short liquidations, underscoring heightened leverage-driven market risk.

BTC
ETH

Summary

According to Feb. 12 Coinglass data, Bitcoin falling below $65,000 could trigger approximately $675 million in long liquidations on major centralized exchanges, while a move above $69,000 might cause around $905 million in short liquidations. These updated figures reflect greater potential liquidation volumes compared to earlier thresholds and highlight intensifying leverage-induced risk in the market. Previously, Ethereum’s critical levels were set at $1,900 for $408 million long liquidations and $2,100 for $1.027 billion short liquidations. The data represents aggregated positions and indicates market sensitivity to price movements.

Terms & Concepts
  • Long liquidation: The forced closure of a trader’s long position when the asset price falls below a set threshold, typically to prevent further losses.
  • Short liquidation: The forced closure of a trader’s short position when the asset price rises beyond a certain level, often due to margin calls.
  • Centralized exchange (CEX): A cryptocurrency trading platform operated by a company or organization that acts as an intermediary for transactions.