Ethereum Move to $3,100 or $2,900 Could Trigger Over $1.6B in CEX Liquidations, Coinglass Data Show

A move toward $3,100 could trigger an estimated $629 million in cumulative short liquidations across major centralized exchanges, while a drop below $2,900 is associated with roughly $972 million in total long liquidations, Coinglass data show. BlockBeats reports on January 2 that these liquidation charts reflect relative intensity of each cluster rather than exact contract counts or precise notional values. Higher bars indicate stronger potential market reactions driven by liquidity waves if Ethereum reaches those price levels.