Data from Coinglass show traders have concentrated significant long positions in bitcoin and ether, increasing risk of mass liquidations.

Rapid price moves could trigger a cascade of forced sales that amplify market volatility and unsettle order books.

Coinglass estimates

According to Coinglass, a decline in bitcoin to ~$81 500 would generate nearly $8 billion in long liquidations across derivatives platforms.

For ether, Coinglass reports that a drop to ~$2 690 would result in long liquidations exceeding $4 billion.

Market mechanics and risks

Concentrated long exposure raises the probability that stop-loss orders and margin calls will cascade, prompting rapid deleveraging and sharp intra-day moves.

Such cascades can widen bid-ask spreads, reduce available liquidity and cause amplified price swings during stressed periods.

Key figures

• BTC threshold: ~$81 500; estimated long liquidations: $8 billion.
• ETH threshold: ~$2 690; estimated long liquidations: $4 billion.

Traders and risk managers should note that concentrated positioning increases the sensitivity of markets to abrupt directional moves, per Coinglass data.