Ethereum's price movement is poised to trigger significant liquidations on major cryptocurrency exchanges. According to Coinglass data, if Ethereum surpasses $3,200, the cumulative liquidation of long positions could reach $907 million. Conversely, a drop below $3,000 could result in $916 million in liquidations. These figures highlight the potential volatility and market impact at these critical price thresholds, as indicated by the intensity of liquidation clusters on the chart.