COINOTAG reported that Coinglass metrics show key thresholds for Ethereum liquidation on major centralized exchanges (CEXs): a break above $4,500 corresponds to a cumulative short liquidation intensity of approximately $1.212 billion, while a drop beneath $4,300 maps to cumulative long liquidation intensity near $743 million.
The underlying visualization is a relative indicator rather than a tally of contracts: the liquidation chart displays the comparative prominence of liquidation clusters, with each bar reflecting the cluster’s intensity versus neighbouring levels rather than exact notional values.
Market participants should treat these readings as an input for risk management — monitoring the orderbook, funding rates and derivatives exposure — while relying on verified sources such as Coinglass and exchange data for execution decisions.