Ethereum Short Liquidations Could Hit $764M at $3,200

Coinglass data show cumulative short liquidation intensity across major centralized exchanges would reach $764 million if Ethereum breaks above $3,200 on December 5. Long liquidation intensity would total $973 million should the price fall below $3,000. The liquidation chart displays relative strength of each cluster rather than exact contract quantities, with higher bars indicating stronger potential price reactions driven by liquidity waves.