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Data compiled by Woofun AI indicates that Ethereum (ETH) breaking above the $1,772 threshold would trigger cumulative short liquidations totaling $863 million across mainstream centralized exchanges. This level represents a critical resistance point where leveraged bearish positions face forced closure.
Concurrently, the analysis highlights a significant downside risk: if ETH retreats below $1,605, the market would see $697 million in cumulative long liquidations. These figures underscore the high concentration of leveraged positions bracketing the current price action, suggesting heightened volatility potential as ETH approaches these key technical levels.