ETH Liquidation Heatmap Shows $418M Leverage Concentrated Near $1,848

CoinAnk data reveals $418.24M in ETH leverage clustered in two liquidity zones, with high density near $1,848 raising long liquidation risks.

Woofun AI notes that Jiang Zhuoer, founder of Lebit Mining Pool, identified excessive liquidity concentration around $1,848 on the ETH liquidation heatmap. This density increases the probability of margin calls for long-position holders.

CoinAnk data indicates ETH follows a "two highly liquid liquidity pools" pattern. The lower range spans $1,840 to $1,850, while the upper range covers $1,940 to $1,980. Approximately $418.24 million in leverage is concentrated within these two intervals.