According to ChainCatcher, Coinglass data shows two closely matched liquidation-intensity levels for ETH positions on major centralized exchanges. If ETH breaks above $1,867, the cumulative short liquidation intensity across major CEXs will reach $907 million. In the opposite direction, if ETH falls below $1,691, the cumulative long liquidation intensity on those exchanges will reach $906 million.
Key levels at $1,867 and $1,691
The figures refer to contract positions tracked by Coinglass across mainstream CEX venues. The upside level is tied to short-position liquidation intensity, while the downside level is tied to long-position liquidation intensity. The two amounts are separated by only $1 million, with $907 million on the short side and $906 million on the long side.
Liquidation intensity describes the scale of positions that would face concentrated liquidation under a specific price condition. It is not the same as liquidation volume that has already occurred. Based on the cited data, $1,867 and $1,691 are the two explicit ETH price points associated with the current short and long liquidation-intensity readings.