Ethereum Price Watch: Major CEX Short Liquidations Could Hit $517M Above $4,300, While $922M in Long Liquidations Loom Below $4,100

According to Coinglass data dated October 27, a sustained break above the $4,300 zone for Ethereum could trigger a sizable wave of short liquidations across major CEXs, with notional exposure near $517 million. Such pressure underscores how liquidity dynamics can amplify price moves near key levels, shaping risk assessments for traders and fund managers.

On the downside, a decline below $4,100 would concentrate long liquidations at the same venues, with potential exposure around $922 million. Market participants should monitor open interest, funding signals, and order-flow around these thresholds to gauge impending volatility and guide hedging decisions.

COINOTAG Note: The liquidation chart conveys intensity rather than exact contract counts; its vertical bars represent the relative influence of each liquidation cluster. Taller bars signal a stronger price reaction as a liquidity cascade passes through the order book when those levels are tested.