ETH Above $3,200 Would Trigger $825M Short Liquidations; Below $3,000 Would Hit $865M Longs
Ethereum breaking above $3,200 on Dec. 15 would push cumulative short liquidation intensity across major centralized exchanges to $825 million, Coinglass data show. If ETH falls below $3,000, cumulative long liquidation intensity would reach $865 million. The liquidation heatmap reflects relative importance of liquidation clusters rather than exact contract counts or values, with higher bars indicating stronger reactions at those price levels.