ChainCatcher reported that, according to Coinglass data, ETH is associated with two key price levels for liquidation intensity across major centralized exchanges. If ETH drops below $1,622, cumulative long liquidation intensity on major CEXs would reach $558 million.
Liquidation intensity levels for ETH
The same Coinglass dataset also shows the opposite-side condition. If ETH breaks above $1,784, cumulative short liquidation intensity on major CEXs would reach $444 million. These figures correspond to the estimated liquidation intensity tied to long positions on a downside move and short positions on an upside move.
The disclosed data identifies $1,622 and $1,784 as the two reference levels in this update. The long-side liquidation intensity figure stands at $558 million, while the short-side figure stands at $444 million. Both figures refer to cumulative liquidation intensity on major CEXs, as presented in the Coinglass data cited by ChainCatcher.