Ethereum Faces $531M in Short Liquidations if Price Breaks Above $2,900

Ethereum could trigger approximately $531 million in cumulative short liquidations across major centralized exchanges if its price surpasses $2,900, Coinglass data show on Nov. 23. A decline below $2,700 would expose long positions to roughly $988 million in potential liquidations on mainstream CEXs. Coinglass notes that liquidation charts represent the relative intensity of liquidation clusters rather than precise contract volumes, indicating the degree of market impact when price levels are reached.