Ethereum's price movements are poised to trigger significant liquidations on major cryptocurrency exchanges. Data from Coinglass indicates that if ETH surpasses $3,075, short positions totaling $1.05 billion could be liquidated. Conversely, a drop below $2,793 could result in the liquidation of long positions amounting to $1.024 billion. These potential liquidations highlight the volatility and high stakes in the current Ethereum market.