$4,170 for ETH will trigger $1.996B liquidations on CEX
Ethereum faces a critical price threshold that could trigger nearly $2 billion in liquidations across major centralized exchanges (CEXs), according to Coinglass data.
If ETH falls below $4,170, the cumulative long liquidation intensity across mainstream exchanges is projected to hit $1.996 billion. This scenario would put leveraged long positions under heavy pressure, forcing traders to close or liquidate holdings at scale.
On the flip side, if ETH manages to climb above $4,607, the cumulative short liquidation intensity would reach $1.639 billion. Such a breakout could fuel a sharp upside move, as short sellers would be forced to cover positions, adding momentum to the rally.
With both long and short positions stacked heavily around these levels, ETH’s next major price move could trigger large-scale volatility.
On the flip side, if ETH manages to climb above $4,607, the cumulative short liquidation intensity would reach $1.639 billion. Such a breakout could fuel a sharp upside move, as short sellers would be forced to cover positions, adding momentum to the rally.
With both long and short positions stacked heavily around these levels, ETH’s next major price move could trigger large-scale volatility.
