Ethereum: Below $4,400 Triggers $1.2B Long Liquidations; Above $4,600 Sparks $1.162B Short Liquidations — Coinglass/BlockBeats

According to COINOTAG citing Coinglass data, the market shows that if Ethereum declines below $4,400, the cumulative long liquidation strength across major CEXs would reach approximately $1.2 billion, while a move above $4,600 would lift cumulative short liquidation strength to about $1.162 billion.

COINOTAG clarifies that the liquidation chart represents relative cluster strength rather than exact contract counts or notional values; each bar denotes the importance of a liquidity cluster and its potential to pressure the order book when tapped.

For derivatives desks and risk managers, the chart’s elevated bars signal areas where a pronounced liquidity cascade could amplify price moves; market participants should therefore monitor Coinglass metrics and centralized exchange flows to assess execution risk and margin exposure.