ChainCatcher reported, citing Coinglass data, that ETH is associated with two notable liquidation-intensity levels on major centralized exchanges. If ETH breaks above $1,810, cumulative short liquidation intensity across major CEXs would reach $636 million. In the opposite direction, if ETH drops below $1,639, cumulative long liquidation intensity across major CEXs would reach $529 million.
Two ETH liquidation levels: $1,810 and $1,639
The figures describe the distribution of contract-position liquidation intensity on major CEXs. Short liquidation intensity refers to pressure tied to short positions when price moves upward into the relevant range, while long liquidation intensity refers to pressure tied to long positions when price moves downward into the relevant range. Coinglass listed the two corresponding values as $636 million and $529 million.
Based on the data alone, the cumulative short liquidation intensity above $1,810 is higher than the cumulative long liquidation intensity below $1,639. The information reflects liquidation-intensity distribution at specific ETH price levels on major CEXs, and it is not the same as actual trading volume or liquidation that has already occurred.