Ethereum volatility may trigger a wave of mass liquidations on leading centralized trading platforms. According to ChainCatcher, citing data from the analytical platform Coinglass, the current price dynamics of the asset create critical risk points for traders. If the price of Ethereum drops below $2,825, the volume of long position liquidations will reach $501 million. On the other hand, if the level of $3,089 is surpassed, the scale of short liquidations will also amount to $501 million. Given the current price of Ether at $2.74K, the market is in a sensitive zone where even small fluctuations can lead to significant financial losses for market participants who have opened risky positions.