ETH faces $1.016 billion long liquidation risk below $1,946, $898 million short risk above $2,148

ETH is trading near critical liquidation thresholds on major centralized exchanges, Coinglass data show. A move below $1,946 would trigger approximately $1.016 billion in long position liquidations, while a rise above $2,148 could result in roughly $898 million in short liquidations across these platforms.