Ethereum Short Liquidations Could Hit $536M at $3,900, Coinglass Data Show

Coinglass data show cumulative short liquidation intensity across major centralized exchanges would reach $536 million if Ethereum breaks above $3,900, as of October 31. Long liquidation intensity would total $959 million if ETH falls below $3,700. Liquidation charts indicate relative intensity of liquidation clusters rather than exact contract values, with higher bars representing stronger potential price reactions due to liquidity waves at those levels.