Significant liquidation risks are accumulating in the Ethereum (ETH) market as the cryptocurrency hovers near crucial price thresholds according to available liquidation data. Market analysis indicates that should Ethereum’s price surge beyond the $2,900 level, short positions valued at approximately $655 million could face forced liquidations. Conversely, a drop below the $2,700 support mark has the potential to trigger substantial liquidations among leveraged long positions, with estimated exposure reaching $1.452 billion. Market participants are closely watching these levels due to the substantial impact such liquidations could have on price volatility. It is important to note that the publicly available liquidation chart sources used for this analysis do not provide the specific number of contracts or the precise dollar value of positions that would be liquidated at these levels.