Ethereum move below $2000 or above $2200 could trigger over $1.46B in aggregate CEX liquidations

Coinglass data show Ethereum price levels near $2000 and $2200 are linked to large clusters of forced position closures on major centralized exchanges. A drop below $2000 could correspond to an aggregate long liquidation intensity of $754M, while a break above $2200 would be associated with short liquidation intensity of $710M, BlockBeats reports. The liquidation heatmap does not represent the exact number of contracts or precise notional value to be liquidated, but rather shows the relative importance of each liquidation cluster, with taller bars suggesting a potentially stronger reaction driven by liquidity waves.