Ether is trading near price levels that could trigger sizable forced liquidations on major CEXs, or centralized exchanges. In the newer Coinglass data cited by ChainCatcher, a move above $1,954 would bring cumulative short liquidation intensity to $611 million, while a drop below $1,780 would bring cumulative long liquidation intensity to $499 million. An earlier cited snapshot showed higher thresholds of $1,981 for $960 million in short liquidations and $1,795 for $738 million in long liquidations, underscoring how quickly leveraged positioning can shift around key ETH price bands.