ChainCatcher reported, citing Coinglass data, that ETH liquidation distribution is currently centered around two key price levels: $1,786 on the upside and $1,617 on the downside. According to the data, if ETH breaks above $1,786, the cumulative short liquidation intensity across major centralized exchanges will reach $872 million. Conversely, if ETH falls below $1,617, the cumulative long liquidation intensity across major CEXs will reach $730 million.
ETH Liquidation Intensity on Both Sides
The figures show that the upside short liquidation intensity stands at $872 million, while the downside long liquidation intensity stands at $730 million. Both data points come from Coinglass and refer to positions tracked across major centralized exchanges. Liquidation intensity is used to show the scale of leveraged positions facing forced liquidation pressure under specific price-trigger conditions; it does not indicate that ETH has already reached those levels.
This data focuses on the long and short liquidation pressure around ETH at $1,786 and $1,617. The comparison reflects the difference in liquidation intensity for ETH contract positions on major CEXs in the two directions, providing a data-based view of how leveraged exposure is distributed around these price points.