ETH Below $3,000 Would Trigger $693M Long Liquidations on CEXs; Above $3,200 Shorts Face $1.02B

If Ethereum falls below $3,000 on Jan. 20, cumulative long liquidation intensity on mainstream centralized exchanges would reach $693 million, Coinglass data show. Conversely, a break above $3,200 would see cumulative short liquidation intensity hit $1.02 billion on those venues.