Coinglass Warns Ethereum Could Trigger $1.488B Long Liquidations Below $4,500 or $1.566B Shorts Above $4,800 on CEXs

Coinglass data cited by COINOTAG on September 14 indicates that an Ethereum decline below $4,500 maps to a cumulative long liquidation intensity of approximately $1.488 billion across mainstream CEXs, while a rally above $4,800 corresponds to roughly $1.566 billion in cumulative short liquidation intensity.

COINOTAG clarifies that the published liquidation chart reflects relative cluster intensity rather than the precise number or notional value of contracts; the chart’s bars measure the significance of each liquidation band versus neighboring levels, serving as an intensity metric.

For market participants and compliance teams, these intensity readings function as indicators of potential liquidity cascade risk; incorporating them with live order-book depth and derivatives exposure analytics helps quantify concentration risk without implying exact contract counts.