ChainCatcher reported that, according to data from Coinglass, leveraged ETH positions on major centralized exchanges are concentrated around two key price levels. If ETH breaks above $1,810, the cumulative short liquidation intensity across major CEXs would reach $636 million.
Liquidation Levels Around $1,810 and $1,639
On the downside, Coinglass data shows that if ETH falls below $1,639, the cumulative long liquidation intensity on major centralized exchanges would reach $529 million. In this setup, the $1,810 level corresponds to pressure on short positions, while the $1,639 level corresponds to pressure on long positions.
Liquidation intensity is commonly used to describe where leveraged positions are clustered across different price zones and how much forced closing pressure is associated with those levels. The figures cited by ChainCatcher from Coinglass identify $1,810 and $1,639 as the main reference points in this data snapshot, with corresponding liquidation intensity of $636 million for shorts and $529 million for longs.