ChainCatcher reported, citing Coinglass data, that if ETH breaks above $1,706, the cumulative short liquidation intensity across mainstream centralized exchanges, or CEXs, would reach $931 million. The figure refers to the concentration of short-position liquidation pressure around that price level under Coinglass’s data framework.
Key ETH Levels for Long and Short Liquidation Intensity
The same Coinglass data shows that if ETH falls below $1,544, cumulative long liquidation intensity on mainstream CEXs would reach $569 million. In this dataset, $1,706 and $1,544 mark the two referenced price levels for concentrated liquidation intensity on the short and long sides, respectively.
Liquidation intensity is not the same as the actual amount liquidated. It is a metric used to describe how concentrated liquidation pressure would be if the asset price reaches a specific level. The data cited in the report comes from Coinglass, and the news item was published by ChainCatcher.