BTC Surpasses $97,000, Mainstream CEX Short Liquidation Volume Reaches $645M

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According to Coinglass, on January 18, 2026, the price of BTC surged past $97,000, triggering $645 million in short liquidations across major centralized exchanges (CEX). A drop below $93,000 would result in $752 million in long liquidations. BTC dominance remains a key metric as the market reacts to these price clusters. Blockbeats notes that the liquidation chart reflects the relative importance of price clusters, not exact contract values.

BlockBeats news: On January 18, according to Coinglass data, if Bitcoin breaks through $97,000, the cumulative short-position liquidation volume on major CEXs will reach $645 million.


Conversely, if Bitcoin falls below $93,000, the cumulative long-position liquidation volume on major CEXs will reach 752 million.


BlockBeats Note: The liquidation chart does not show the exact number of contracts pending liquidation or the exact value of contracts that have been liquidated. The bars on the liquidation chart actually represent the relative importance, or intensity, of each liquidation cluster compared to neighboring clusters.


Therefore, the liquidation chart shows to what extent the price of an asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that once the price reaches that level, it will trigger a stronger reaction due to a wave of liquidity.

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