Ethereum and liquidation risks: what price movements will trigger settlement

ServantOfSatoshi · 2026-02-13T15:15:15+00:00

Ethereum is experiencing significant price volatility, posing risks for derivative traders. Key price levels could trigger massive liquidation waves, with potential impacts on market sentiment. Both upward and downward movements present critical risks for short and long positions, highlighting the need for careful monitoring.

ServantOfSatoshi

2026-02-13 15:15:15

Abstract generation in progress

Ethereum is currently experiencing price volatility that poses significant risks for derivatives traders. According to data analysis from Coinglass, published by ChainCatcher, there are clearly defined price levels that could trigger massive liquidation waves on major exchanges. Since ETH is currently trading around $1,990, the market is in a critical zone where long positions are at risk of being liquidated.

Upside Scenario: Threat to Short Positions

If Ethereum surpasses the $2,477 level, a chain liquidation of short positions could occur. Based on available data, the total risk volume from unwinding these positions would be approximately $1.021 billion. Such a wave of liquidations could add additional pressure to the market and influence global trading sentiment. Centralized exchanges would face a concentration of liquidations within a short time frame.

Downside Scenario: Risk to Long Positions

The opposite scenario involves a decline below $2,245. Since Ethereum is currently trading near the $1,990 threshold, this price level is already relevant. In the event of further decline, the liquidation of long positions could reach a cumulative intensity of $533 million. Although this volume is lower than the risk from short positions, it still represents a significant factor for traders and affects short-term market dynamics.

Critical Importance for Exchange Operations

Data from Coinglass indicate that Ethereum’s current price position places the market in a complex situation where liquidation risks are symmetrical. Both upward and downward price movements could potentially trigger waves of unwinding. This underscores the necessity for all market participants, especially those involved in derivatives trading on centralized exchanges, to monitor these key price levels.

ETH7,5%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.