Ethereum Liquidation Risk: When ETH Reaches $2,477 or Falls Below $2,245

AirdropCollector · 2026-02-09T22:01:24+00:00

Ethereum traders are at a pivotal moment, with price hovering around $2,100. Significant liquidation thresholds at $2,477 and $2,245 could trigger large buybacks or forced selling, impacting market dynamics and volatility. Monitoring these levels is essential.

AirdropCollector

2026-02-09 22:01:24

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Ethereum traders are facing a critical technical level situation where price movements in either direction could trigger substantial liquidation cascades. According to data from Coinglass analyzed by ChainCatcher, the current market structure presents significant liquidation exposure depending on which direction ETH reaches key price thresholds. With Ethereum currently trading near $2.10K, understanding these liquidation levels is crucial for risk management.

Current ETH Price and Market Context

At present, Ethereum trades around $2,100, positioning it between two critical liquidation zones identified by on-chain data analytics. These thresholds represent significant concentration points of leveraged positions on major centralized exchanges, making them important price levels to monitor for potential market disruptions.

Upside Risk: When Short Positions Face Liquidation

If Ethereum reaches $2,477, the cumulative liquidation exposure for short positions across mainstream centralized exchanges would accumulate to approximately $1.021 billion. This substantial volume means that a move to this level could trigger a cascade of forced buybacks as underwater short positions liquidate, potentially creating additional upward pressure on the asset.

Downside Risk: Long Position Liquidations

Conversely, if Ethereum falls to $2,245, the cumulative liquidation pressure on long positions would reach an estimated $533 million. This figure highlights the asymmetric risk landscape, where a downside move triggers less liquidation volume than the upside scenario, but still represents meaningful forced selling pressure that could accelerate a decline.

What Traders Should Know

These liquidation thresholds matter because they represent inflection points where the market structure could rapidly shift. When prices approach these levels, the cascading effect of liquidations can amplify price movements in either direction. Traders should monitor both the $2,477 resistance level and the $2,245 support zone as potential volatility flashpoints in the coming trading period.

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