Ethereum Breaks Above $3150 Could Trigger $542 Million in Short Liquidations Across Major CEXs, While a Dip Below $2950 May Spark $946 Million in Long Liquidations (Coinglass Data)

COINOTAG reports, citing Coinglass data, that specific Ethereum price levels may trigger measurable liquidation pressure on mainstream exchanges. The analysis flags two critical thresholds whose proximity could influence near-term volatility and inform risk management for crypto portfolios.

At approximately $3150, the cumulative short-liquidation intensity on major CEXs is estimated near 542 million contracts, while a dip to roughly $2950 could push the cumulative long-liquidation intensity toward about 946 million. The COINOTAG note clarifies that the chart shows relative intensity—not exact contract counts—implying that higher liquidation bars reflect a potential liquidity cascade.

Investors should monitor these liquidity signals and apply disciplined risk controls around the indicated levels, understanding that these figures describe potential moves rather than certainties. In practice, traders may consider hedging and tighter risk limits as price action approaches key thresholds.