According to Coinglass data reported by COINOTAG News, if Ethereum breaks through $3,000, the cumulative short liquidation intensity across mainstream CEXs could reach approximately $762 million.
Conversely, a decline below $2,850 for Ethereum may drive the cumulative long liquidation intensity to around $630 million on major exchanges, signaling elevated downside risk.
COINOTAG adds that the liquidation chart depicts relative intensity—not precise contract counts or liquidation values. The bars convey how aggressively liquidity can react when an asset hits key levels, shaping intraday volatility.
Source: https://en.coinotag.com/breakingnews/ethereum-at-key-levels-break-above-3000-may-trigger-762m-in-short-liquidations-on-major-exchanges-drop-below-2850-signals-630m-in-long-liquidations
