Bitcoin approaches the 59,500 to 62,600 USD liquidation cluster, Glassnode warns of long-position risks

Bitcoin approaches the 59,500 to 62,600 USD liquidation cluster, Glassnode warns of long-position risks

2026-11-15 08:40

ChainThink News, November 14: According to Glassnode analysis, the Bitcoin maximum liquidation cluster zone lies between $59,500 and $62,600, a range that has not been touched since the August low on the six-month liquidation heatmap.

Glassnode notes that as Bitcoin price approaches this range, long positions formed during the August breakout may face heightened liquidation risk.

As of November 14, Bitcoin was trading at $63,602, down 6.90% over 24 hours, 14.81% over the week, and 21.45% over the month.

On November 13, U.S. spot Bitcoin ETFs experienced net outflows of $185.4 million, with BlackRock recording outflows of $143.5 million and Fidelity $41.9 million;

Net outflows totaled approximately $1.07 billion from November 9 to 13, marking the seventh consecutive day of net outflows.

CME FedWatch data indicates that as of November 14, the market priced in an 88.5% probability of a 25 basis point rate hike by the Federal Reserve, and an 11.5% probability of a 50 basis point hike.

The Federal Reserve policy meeting is scheduled for December 8–9.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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