February 6 News, the latest on-chain monitoring shows that if Ethereum’s price continues to decline, ETH positions worth over $1.7 billion could be forcibly liquidated. Currently, Ethereum hovers around $1,896, but the liquidation prices for several high-leverage large positions are well below the current price, becoming a potential risk point of market concern. Once these levels are breached, automatic sell-off mechanisms could rapidly amplify volatility.
The first high-risk zone is between $1,560 and $1,690. This range mainly comes from Trend Research’s leveraged positions, which hold approximately 356,150 ETH with a market value of about $670 million. Due to the use of borrowed leverage, a price drop of about 10% to 17% could trigger concentrated liquidations, putting significant short-term pressure on the market.
The second zone is associated with Ethereum co-founder Joseph Lubin and two anonymous whales, holding a total of about 293,302 ETH worth approximately $550 million. The liquidation range is between $1,329 and $1,368. Although this is farther from the current price, if the upper zone is breached, a chain reaction could push the price into this range.
The third zone is near $1,000, controlled by an entity called “7 Siblings,” which holds about 286,733 ETH. The liquidation prices are concentrated around $1,075 and $1,029. This zone would only trigger in extreme market conditions, but historically, similar liquidation chains have caused deep corrections in a short period.
Liquidation levels are essentially hidden “pressure switches” on the chain. When the price reaches these levels, the system automatically sells to cover loans, creating a cascading effect. Currently, ETH remains above these levels, but the market is closely watching price movements. If the downtrend continues, short-term volatility could be significantly amplified.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Data: In the past 24 hours, the entire network has liquidated $274 million, with long positions liquidated at $189 million and short positions at $85.9469 million.
ChainCatcher reports that, according to Coinglass data, the total liquidations across the entire network in the past 24 hours amounted to $274 million, with long positions liquidated at $189 million and short positions at $85.9469 million. Among these, Bitcoin long positions were liquidated at $72.5955 million, Bitcoin short positions at $31.1138 million, Ethereum long positions at $38.5414 million, and Ethereum short positions at $24.8499 million.
GateNews2h ago
Data: If ETH breaks through $2,168, the total liquidation strength of long positions on mainstream CEXs will reach $624 million.
ChainCatcher reports that, according to Coinglass data, if ETH breaks through $2,168, the total liquidation strength of long positions on major CEXs will reach $624 million. Conversely, if ETH drops below $1,964, the total liquidation strength of short positions on major CEXs will reach $305 million.
GateNews3h ago
Bitcoin Price Predictions Flip Bullish, But Ethereum Is Still Stuck
Predictors have turned bullish on Bitcoin's near-term price, suggesting a rise to $84,000 before a potential drop. However, analysts remain divided on sustainability, while sentiment for Ethereum is bearish, with expectations of a decline to $1,500.
Decrypt5h ago
Best Crypto to Buy Now: SOL and LINK Rally, but Pepeto Targets 100x as Ethereum Foundation Plans to Make ETH the Trust Layer for AI
The Ethereum Foundation just announced plans to position the network as the trust layer for artificial intelligence, with the foundation’s AI lead saying ETH will act as the coordination and verification layer in an increasingly AI mediated world, and when the biggest smart contract platform on
CaptainAltcoin5h ago
Data: In the past 24 hours, the entire network has liquidated $339 million, with long positions liquidated at $182 million and short positions at $157 million.
ChainCatcher reports that, according to Coinglass data, the total liquidations across the entire network in the past 24 hours amounted to $339 million, with long positions liquidated at $182 million and short positions at $157 million. Among these, Bitcoin long positions were liquidated at $67.776 million, Bitcoin short positions at $69.678 million, Ethereum long positions at $38.385 million, and Ethereum short positions at $50.239 million.
GateNews5h ago
