Ethereum Above $3,000 Signals $627M Short Liquidation; Below $2,800, $702M Long
Ethereum breaking above $3,000 would trigger cumulative short liquidation intensity of $627 million on major centralized exchanges, Coinglass data show, as reported by BlockBeats on Dec. 29. A drop below $2,800 would put cumulative long liquidation intensity at $702 million on the same platforms. BlockBeats noted the liquidation map does not display exact contract numbers or values to be liquidated; bars reflect the relative significance of each cluster, with higher bars indicating stronger expected liquidity reactions when prices reach those levels.