ETH Long Positions Face $920M Liquidation Risk Below $3,200, Shorts $985M Above $3,400

Ethereum long positions on major centralized exchanges face potential aggregate liquidation of $920M if ETH falls below $3,200, Coinglass data cited by BlockBeats show. The data indicate cumulative short liquidations on leading CEXs could reach $985M if Ethereum breaks above $3,400. Liquidation charts display the relative significance of each cluster rather than exact contract values, with higher bars representing stronger expected reactions at those price levels due to liquidity waves.