Ethereum: Break Above $4,000 Could Trigger $221M Short Liquidations — Drop Below $3,900 Risks $185M Long Liquidations (Coinglass)

According to Coinglass data cited by COINOTAG on October 12, prospective moves in Ethereum price embed measurable liquidation risk: a rally above $4,000 corresponds to an estimated cumulative short liquidation intensity of about $221 million across major CEXs, while a decline beneath $3,900 aligns with roughly $185 million in cumulative long liquidation intensity.

The underlying liquidation chart visualizes relative cluster intensity rather than precise contract counts or notional values; each bar reflects the comparative importance of one liquidation cluster versus adjacent clusters, providing a heatmap of where price stress may concentrate.

For traders and risk managers, these metrics highlight potential liquidity cascade zones and risk concentration in order books, informing position sizing and execution strategies without implying unavoidable outcomes.

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