ChainCatcher reported, citing Coinglass data, that ETH’s liquidation distribution on major centralized exchanges is concentrated around two key price levels. If ETH breaks above $1,810, cumulative short liquidation intensity across major CEXs would reach $636 million.
Two liquidation levels: $1,810 and $1,639
The same Coinglass data shows the opposite threshold on the downside. If ETH falls below $1,639, cumulative long liquidation intensity on major CEXs would reach $529 million. Under the current Coinglass data view, the level above $1,810 corresponds to short-side liquidation pressure, while the level below $1,639 corresponds to long-side liquidation pressure.
Liquidation intensity is used to show where leveraged positions are concentrated for forced liquidation across different price ranges. The data was sourced from Coinglass, with ChainCatcher relaying the figures for ETH on major CEXs.