Ethereum Short Liquidations Could Hit $890M if Price Breaks $3,200

Coinglass data show short liquidations on major centralized exchanges could reach $890 million if Ethereum breaks above $3,200, while long positions worth $420 million face liquidation risk below $3,000. The liquidation chart reflects relative intensity between clusters rather than exact volumes, with taller bars signaling stronger market reactions from liquidity waves at key price levels.