If Ethereum surpasses $4100, the cumulative short liquidation pressure on mainstream centralized exchanges (CEX) will hit $1.214 billion. This potential breakout could significantly impact market dynamics. Traders are closely monitoring Ethereum’s price movements, as a rise above this threshold may trigger substantial short liquidations. Such liquidations occur when traders betting against the asset are forced to close their positions, often leading to increased volatility. The $1.214 billion figure indicates a considerable amount of capital at risk, highlighting the importance of this price level for market participants.
