2026-01-21 08:24:23

Based on on-chain data analysis, Ethereum(ETH) is currently between two key price levels. If ETH breaks above the resistance at $3,128, the short positions on mainstream centralized exchanges will face significant liquidation pressure, with total liquidation strength potentially reaching $1.464 billion.

Conversely, if the price falls below the support at $2,834, the risk of long position liquidations will emerge, and the long liquidation strength on mainstream CEXs will reach $603 million.

These two figures reflect the current leverage distribution in the market—whether upward or downward volatility occurs, it could trigger a chain liquidation effect. For traders, these data points are important references for understanding recent market liquidity and risk tolerance.

ETH2,09%

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GweiTooHigh

· 10h ago

Whoa, 1.464 billion in liquidations? That's quite a hefty leverage pile-up. --- It's these two numbers again, constantly tugging back and forth between these two points every day. --- I just want to know who the hell is shorting so heavily at 3128. --- Wait, only 600 million in support level liquidations? Are the longs that cautious? --- If this wave just consolidates sideways, I'll be laughing. Neither side will clear me. --- Sounds like a reason for big players to do T on both sides. --- Liquidation pressure of 1.4 billion... Is the market liquidity really enough, or will it just crash all at once? --- As for the derivatives market, looking at the data is useless. It all depends on what the whales want to do. --- It feels like the shorts are betting on a drop, the longs on a rise, and no one wants stability. --- Wait, is this leverage distribution telling us which side is more likely to get blown up?

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MemeEchoer

· 17h ago

Coming back with this? 1.464 billion in liquidation pressure, sounds quite intense.

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GasGoblin

· 17h ago

It's really these two points again, feels like we're talking about this every day. Wait, is the 1.46 billion liquidation pressure serious? Are there so many shorts? Those who paid early must be secretly happy. Leverage is getting crazier and crazier; playing like this will eventually lead to trouble. Just waiting for the moment of breakdown, will it go up or down?

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YieldHunter

· 17h ago

ngl these liquidation levels are basically trap doors waiting to snap shut. if you're actually looking at the data, the leverage distribution here screams danger... degens are stacked on both sides like it's some kind of casino.

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FortuneTeller42

· 17h ago

Damn, 1.46 billion in liquidation pressure. How many people are going to die this time? Everyone is betting on the direction, but no one is thinking about surviving? 3128 or 2834, feels like both are traps... This middle section is too heartbreaking, with knives on both sides. Are these data real? Feels like every time they're this accurate, it’s bound to explode. If we can't break through, get caught in the middle and be messed with from both sides? They're starting to talk about liquidation intensity again. It was the same last year at this time. I just want to know who will be the unlucky one to dump the market.

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