Ethereum Break Above $3600 Triggers $807M Short Liquidations; $3400 Dip Could Spark $564M Long Liquidations on Major CEXs
ETH/USDT
$31,047,650,067.90
$2,386.02 / $2,174.06
Change: $211.96 (9.75%)
-0.0008%
Shorts pay
COINOTAG, citing Coinglass data, notes that for Ethereum traders an upside move above $3,600 could coincide with a short liquidation intensity on major CEX venues approaching $807 million, highlighting potential intraday liquidity stress in the event of a breakout.
In contrast, a dip below $3,400 might push the cumulative long liquidation intensity on mainstream CEX platforms toward roughly $564 million, signaling how downside risk could amplify liquidations across exchanges.
COINOTAG emphasizes that the displayed liquidation chart does not enumerate exact contract counts or liquidation values; the bars reflect the relative significance (intensity) of adjacent clusters, indicating where specific price levels may trigger measurable market impacts.