Data from Binance as of October 21, 2026, indicates significant clusters of leveraged positions around the $87,000 mark. At the time of the report, Bitcoin was trading between $82,800 and $83,700.
A 5% price move could trigger approximately $289 million in short liquidations between $82,800 and $86,900. Conversely, there is an estimated $417 million in long liquidation exposure below the current price level.
Glassnode data from October 7, 2026, identified a major liquidation cluster in the $87,100 to $95,900 range, with the highest concentration near $92,000. This positioning has been accumulating since March.
The breakeven zone for US spot Bitcoin ETFs is estimated between $82,000 and $86,000. Analysts suggest that a daily close above $87,000, supported by ETF inflows, could signal further buying pressure.
