ETH liquidation chart exposed: a drop to $2,986 will trigger $1.349 billion in long liquidations

2026-01-13 14:05:29

According to the latest news, Ethereum (ETH) faces significant liquidation pressure at two key price levels. The current ETH price is $3,141.35, at a delicate balance point: a downward break below $2,986 will trigger $1.349 billion in long liquidations, while an upward break above $3,282 will trigger $773 million in short liquidations. This data reflects the distribution of market participants’ positions and is worth paying attention to.

Liquidation Pressure Distribution Overview

Price Level	Liquidation Type	Liquidation Strength	Distance from Current Price
$2,986	Long Liquidation	$1.349 billion	Down 5.0%
$3,282	Short Liquidation	$773 million	Up 4.5%

Why is the long liquidation pressure greater

From the data comparison, the long liquidation strength ($1.349 billion) below is much higher than the short liquidation strength ($773 million) above, indicating that long positions are more crowded in the current market. In other words, more traders are going long ETH with high leverage, and once the price breaks below a key support level, a chain reaction of liquidations will occur.

The actual meaning of liquidation strength

It is important to understand that the bars on the liquidation chart do not represent the exact number of contracts to be liquidated, but rather the relative importance of each liquidation cluster compared to nearby clusters. Higher liquidation bars mean that when the price reaches that level, liquidity waves will generate a stronger market reaction. This often leads to accelerated price declines or rises, further triggering more liquidations.

Market background: liquidation events have become routine

Recent 24-hour data shows total liquidations across the network reaching $208 million, including $28.67 million in ETH long liquidations. This reflects increasing market volatility and accumulating leveraged positions. In this context, the data on the liquidation chart is not just theoretical numbers but real market risks.

Risk assessment at the current position

ETH’s current price of $3,141.35 is positioned slightly above the middle of the two liquidation zones, which means:

There is $1.349 billion in long liquidation pressure below as support, but the support strength may not be very stable
Only $773 million in short liquidation pressure above as resistance, relatively weaker
In theory, the price is more likely to break downward, triggering larger-scale liquidations

However, this is a static analysis based on liquidation distribution. Actual price movements will also be influenced by market sentiment, large trades, macro factors, and more.

Summary

The liquidation landscape for ETH shows that market long positions are relatively crowded, with the downward liquidation pressure ($1.349 billion) significantly stronger than the upward ($773 million). This asymmetric liquidation distribution may trigger chain reactions during price fluctuations. Traders should pay attention to the two key levels at $2,986 and $3,282, as they are not only technical support and resistance but also potential liquidation trigger points. In a high-leverage environment, understanding these liquidation levels is crucial for risk management.

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