Ethereum's price fluctuations are poised to trigger significant liquidations on major centralized exchanges (CEXs). Data from Coinglass indicates that if Ethereum (ETH) drops below $2,190, long positions worth $864 million could be liquidated. Conversely, a rise above $2,416 could lead to the liquidation of $802 million in short positions. These potential liquidations highlight the volatility and risk associated with leveraged trading in the cryptocurrency market.