If Ethereum drops below $2900, the total long liquidation volume on major CEXs will reach $630 million.

2025.12.23 13:03:05

On December 23, Coinglass data shows that if Ethereum drops below $2,900, the total long liquidation value across major centralized exchanges (CEXs) will hit $630 million. Conversely, should Ethereum break above $3,100, the total short liquidation value for these top CEXs will reach $918 million. **BlockBeats Note**: Liquidation charts do not display the exact number or value of contracts subject to liquidation. Instead, the bars on these charts represent the **relative importance** of each liquidation cluster compared to neighboring clusters — in other words, their "strength." As such, the chart illustrates how impactful reaching a specific price level will be: a taller "liquidation bar" means the price hitting that level will trigger a more intense response due to a liquidity cascade.

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