Ethereum at Critical Levels: $3,200 Breakout May Spark $890M in CEX Short Liquidations; $3,000 Dip Could Trigger $420M in Long Liquidations

COINOTAG News reports that, citing Coinglass data, an upside break for Ethereum beyond $3,200 could trigger about $890 million in short liquidation pressure on mainstream CEX platforms.

Conversely, a drop under $3,000 would imply roughly $420 million in long liquidation across major exchanges, underscoring asymmetric risk in the near term.

The accompanying liquidation chart reflects the relative intensity of clusters rather than exact contract counts; higher liquidity bars indicate a more pronounced reaction as price reaches that level, suggesting potential liquidity cascades.

Traders should monitor these thresholds and align risk management and hedging strategies accordingly to navigate possible volatility in the Ethereum market.