Ethereum: $4,400 Break Could Trigger $1.91B Long Liquidations
I believe that if Ethereum falls below $4,400, it would trigger roughly $1.91 billion in long liquidations across major centralized exchanges. That level looks like a clear technical threshold that could cascade margin stops and turbocharge selling pressure.
Given the size of open interest around that price, I expect sharp volatility and rapid deleveraging as stop-losses and liquidation engines hit order books. Traders with high leverage are most at risk and a break could widen spreads and deepen short-term losses.
Analysis
The $4,400 level concentrates significant long open interest; a breakdown would likely cause forced liquidations, cascade selling and higher intraday volatility as margin engines unwind positions.
Recommendation
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.