Ethereum Above $3,100 Aligns With $1.33 Billion Short Liquidations; Below $2,800, $576 Million Longs

Ethereum would trigger $1.33 billion in cumulative short-liquidation strength at major centralized exchanges if the price moves above $3,100 on Jan. 29, Coinglass data show. Conversely, a drop below $2,800 would correspond to $576 million in cumulative long-liquidation strength.