According to Coinglass data cited by ChainCatcher, ETH is sitting near a critical liquidation range across major centralized exchanges. If ETH falls below $1,666, cumulative long liquidation intensity could reach $917 million. On the upside, if ETH breaks above $1,839, cumulative short liquidation intensity could rise to $460 million. The comparison suggests downside long exposure is currently larger than upside short exposure, highlighting a highly leveraged market structure and elevated short-term sensitivity to price movement around these levels.
Key ETH liquidation levels come into focus
ChainCatcher reported, citing Coinglass data, that if ETH drops below $1,666, the cumulative long liquidation intensity across major centralized exchanges could reach $917 million. On the other hand, if ETH breaks above $1,839, cumulative short liquidation intensity across major CEX platforms could rise to $460 million.
The data highlights two important trigger zones for the market. In relative terms, the potential long liquidation pressure below $1,666 is significantly larger than the short liquidation pressure above $1,839. This indicates that leveraged long positioning is more vulnerable on the downside at the levels tracked by Coinglass. The figures were published via ChainCatcher and reflect liquidation intensity across mainstream centralized exchanges.
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