ETH liquidation map flags $1.04B long wipeout zone at $2,323

Coinglass liquidation heatmap data show Ethereum sitting between two dense leverage bands that could trigger outsized forced flows. A drop below $2,323 would expose about $1.044 billion of ETH long positions to liquidation, while a decisive move above $2,563 would threaten roughly $531 million of shorts. Open interest on ETH futures sits near $32.8 billion and Coinglass reports ~$111.6 million of ETH futures liquidated in the past 24 hours — underlining how modest intraday moves can cascade into large forced buying or selling. Additional heatmap reads flag other danger points (e.g., $2,451 and $2,220) where billion‑dollar clusters of leverage concentrate, meaning next directional moves could be amplified by mechanical liquidations and materially affect ETH price action and broader crypto market volatility.