Ethereum faces $1.7B liquidation risk across key price levels on major CEXs, Coinglass data show

Ethereum could trigger $527M in long liquidations on major centralized exchanges if its price falls below $2,900 on January 21, Coinglass data show. If the price breaks above $3,100, short liquidations could reach $1.239B across these platforms. BlockBeats reports that the liquidation heatmap reflects relative intensity of liquidation clusters rather than exact contract counts or notional values, with higher bars indicating potential for stronger market reactions when price reaches those levels.