Ethereum Price Levels Spark Major Liquidations: $595M Longs at $3,300 and $980M Shorts at $3,500 (Coinglass Data)

COINOTAG News, referencing Coinglass data, identifies two critical Ethereum price zones that could trigger notable liquidations on major CEXs. A break below $3,300 would push the cumulative long liquidation intensity toward $595 million, while a rally above $3,500 could lift the cumulative short liquidation intensity to $980 million.

Liquidity risk metrics in the report emphasize that the liquidation chart reflects relative importance among clusters rather than exact contract counts; the bars measure potential liquidity engagement. A higher bar indicates a sharper price reaction and a possible liquidity cascade as positions unwind.

Traders should integrate these signals into risk management, maintain disciplined sizing, and consider hedging as markets approach the stated thresholds. By anchoring decisions to verified data, market participants can better navigate potential volatility without overreacting to unconfirmed narratives.