Data compiled by Woofun AI shows that ETH price movement toward the $1,828 level could ignite a cascade of short liquidations across major centralized exchanges, with cumulative intensity reaching $905 million. This threshold represents a critical resistance point where leveraged bearish positions face forced closure.

Conversely, a decline below the $1,657 support level exposes long positions to severe liquidation risk, potentially wiping out $687 million in leveraged bets. These figures underscore the high leverage density surrounding current ETH price action, suggesting that volatility around these key levels will likely be amplified by automated liquidation mechanisms.