ChainCatcher reported, citing Coinglass data, that ETH is currently associated with notable liquidation intensity at two stated price levels. According to the data, if ETH breaks above $1,745, cumulative short liquidation intensity across major centralized exchanges would reach $727 million.
Two ETH Price Levels Define the Reported Long and Short Liquidation Pressure
In the opposite scenario, if ETH falls below $1,581, cumulative long liquidation intensity on major CEXs would reach $668 million. The figures describe the liquidation pressure tied to short positions in an upward break and long positions in a downward move, based on the levels and exchange scope listed in the Coinglass data.
The two reference prices in the report are $1,745 and $1,581. At the upper level, the reported short liquidation intensity is $727 million; at the lower level, the reported long liquidation intensity is $668 million. Both figures refer to cumulative liquidation intensity on major CEXs.