BTC below $76,000 could trigger $797M in long liquidations on major centralized exchanges.

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On-chain data from Coinglass indicates that if the BTC price falls below $76,000, long liquidations on major CEXs could reach $797 million. A breakout above $80,000 may trigger $708 million in short liquidations. These figures highlight key price levels where on-chain data suggests concentrated positions. Liquidation values reflect cluster intensity, not exact contract values.

ChainThink reports that, according to Coinglass data on August 29, if Bitcoin falls below $76,000, the cumulative long liquidation intensity on major centralized exchanges will reach $797 million;

Conversely, if the price breaks above $80,000, the cumulative short liquidation intensity will reach $708 million. The liquidation chart shows the relative strength of liquidation clusters at various price levels, not the exact number or value of contracts pending liquidation.

A higher liquidation level indicates that the price may trigger a stronger reaction upon reaching that level due to a wave of liquidity.

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