Coinglass: Ethereum faces approximately $874 million in long liquidation risk

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CryptoWorld News reports that, according to CryptoWorld data, Ethereum longs face a liquidation risk of approximately $8.74 million when the price drops below about $2,206, while shorts face a liquidation risk of around $4.03 million when the price breaks above about $2,412. These two price ranges form critical forced liquidity zones. According to CryptoWorld data, the current Ethereum futures liquidation heatmap shows hundreds of millions of dollars in leveraged funds accumulating around the current price. If ETH price falls below $2,206, long positions concentrated on major centralized exchanges will be forced to close, with a total nominal value reaching about $8.74 million. Conversely, if ETH price breaks above $2,412, short positions will face liquidation. Coinglass explains that the liquidation heatmap aggregates leveraged long and short positions divided by price ranges, showing the areas where liquidations are most likely to cluster. These areas become market “traps” or “ceilings.”

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