Ethereum faces over $2.1 billion liquidation crisis; price fluctuations trigger market nerves

MrRightClick · 2026-01-12T20:02:52+00:00

Ethereum is currently priced at approximately $3.12K, and its trading market faces the risk of dual-sided liquidations. If the price breaks through $3,237, it will trigger over $1.104 billion in short liquidations; if it falls below $2,936, the long liquidation amount will reach $1.071 billion. Regardless of the direction, the liquidation pressure will exceed $2.1 billion, and traders should be cautious of the impact of rapid breakouts.

MrRightClick

2026-01-12 20:02:52

Abstract generation in progress

According to the latest trading data, Ethereum (ETH) is currently fluctuating around $3.12K, but once there is a sharp volatility, market liquidation pressure will be triggered instantly.

Based on Coinglass on-chain data statistics, Ethereum has a dual liquidation risk. If ETH breaks above the $3,237 mark, the short positions on mainstream centralized exchanges will face a chain reaction of liquidations, with a total liquidation strength exceeding $1.104 billion. Conversely, if ETH drops below the $2,936 support level, the bullish army will encounter a flood of liquidations, with the long liquidation volume on mainstream CEX reaching $1.071 billion.

This means that regardless of which direction ETH moves, the market will bear a liquidation power of over $2.1 billion. At the current price level, traders need to stay alert to the dense liquidation zones above and below. Any rapid breakout in either direction could trigger a chain reaction of liquidations, further impacting the overall market liquidity.

ETH7,05%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.