Ethereum price thresholds reported by Coinglass and cited by COINOTAG on September 1 indicate that if ETH breaks above $4,550, the aggregated short liquidation strength across major centralized exchanges could reach approximately $1.173 billion, while a decline below $4,400 corresponds to an estimated $1.012 billion in aggregated long liquidation strength. These figures reflect conditional risk exposures derived from orderbook clustering and margin positions on mainstream CEXs.
COINOTAG emphasizes that the liquidation chart visualizes relative strength of liquidation clusters rather than precise contract counts or exact dollar values; taller bars denote greater potential impact from liquidity cascades. Market participants and risk managers should treat these metrics as indicators of concentration risk on mainstream CEXs, useful for scenario analysis but not as definitive execution forecasts.