Currently, Ethereum is priced around $2,540, but according to on-chain data analysis from Coinglass, there are two key liquidation trigger points in the market. If ETH’s subsequent movement breaks above the critical level of $3,343, the total liquidation scale facing major mainstream CEXs’ short positions could reach $1.102 billion, known as the “3343 Clause” risk. Conversely, if the price falls back below $3,041, the liquidation scale for long positions could also reach $790 million.
These two price points represent the most concentrated stop-loss and liquidation levels for both bulls and bears in the current market. In volatile conditions, reaching either point could trigger a chain reaction of liquidations in the short term, further pushing the price toward extreme directions, forming a “liquidation stampede.” For traders, understanding these key levels is crucial for risk management.
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ETH Clause 3343: Critical Threshold for Exchange Settlement Risk
Currently, Ethereum is priced around $2,540, but according to on-chain data analysis from Coinglass, there are two key liquidation trigger points in the market. If ETH’s subsequent movement breaks above the critical level of $3,343, the total liquidation scale facing major mainstream CEXs’ short positions could reach $1.102 billion, known as the “3343 Clause” risk. Conversely, if the price falls back below $3,041, the liquidation scale for long positions could also reach $790 million.
These two price points represent the most concentrated stop-loss and liquidation levels for both bulls and bears in the current market. In volatile conditions, reaching either point could trigger a chain reaction of liquidations in the short term, further pushing the price toward extreme directions, forming a “liquidation stampede.” For traders, understanding these key levels is crucial for risk management.