Ethereum Breakout Could Trigger $1.199B in CEX Short Liquidations

I think that if Ethereum (ETH) convincingly breaks above its all-time high, it will trigger substantial forced liquidations of short positions on major centralized exchanges, pushing cumulative short-liquidation pressure toward roughly $1.199 billion.

This scenario would amplify bullish momentum for ETH as leveraged short sellers are squeezed, accelerating price moves and increasing volatility across CEX order books and derivatives markets.