COINOTAG, citing Coinglass data, flags potential liquidity pressure around Ethereum price thresholds. If ETH clears $3,000, the aggregate short liquidation on major CEXs could reach roughly $794 million, signaling a liquidity-driven risk of a sharp move.
On the flip side, a breach below $2,850 could unleash about $426 million in long liquidation across mainstream exchanges, highlighting asymmetric risk to the downside.
COINOTAG notes that the liquidation chart’s bars reflect relative intensity among clusters, not exact contract counts or liquidated value; higher bars indicate a stronger price reaction when such levels are reached, i.e., a potential liquidity cascade.
Traders should monitor these thresholds as part of risk-management strategies given the probability of rapid moves around stated levels, reinforcing the need for disciplined position sizing and stop placement.
Source: https://en.coinotag.com/breakingnews/ethereum-at-key-levels-breaking-3000-could-trigger-794m-in-cex-short-liquidations-dropping-below-2850-may-cause-426m-in-cex-long-liquidations
