Coinglass Data: Ethereum Price Thresholds May Trigger $864M in CEX Liquidations

BlockBeats and Coinglass data indicate that Ethereum dropping below $4400 could trigger approximately $1.19B in long liquidations, while a rise above $4700 may result in about $928M in short liquidations on CEX platforms.

ETH

Summary

According to BlockBeats and Coinglass, if Ethereum falls below $4400, long liquidation intensity on mainstream centralized exchanges may reach around $1.19 billion, whereas an increase above $4700 could trigger roughly $928 million in short liquidations. The liquidation chart shows intensity clusters rather than precise contract values.

Terms & Concepts
  • ETH: The native cryptocurrency of the Ethereum blockchain, used in trading and decentralized applications.
  • Liquidation Graph: A chart depicting clusters of liquidation events that indicate market liquidity and potential trigger thresholds.