February 6 News, the latest on-chain monitoring shows that if Ethereum’s price continues to decline, ETH positions worth over $1.7 billion could be forcibly liquidated. Currently, Ethereum hovers around $1,896, but the liquidation prices for several high-leverage large positions are well below the current price, becoming a potential risk point of market concern. Once these levels are breached, automatic sell-off mechanisms could rapidly amplify volatility.
The first high-risk zone is between $1,560 and $1,690. This range mainly comes from Trend Research’s leveraged positions, which hold approximately 356,150 ETH with a market value of about $670 million. Due to the use of borrowed leverage, a price drop of about 10% to 17% could trigger concentrated liquidations, putting significant short-term pressure on the market.
The second zone is associated with Ethereum co-founder Joseph Lubin and two anonymous whales, holding a total of about 293,302 ETH worth approximately $550 million. The liquidation range is between $1,329 and $1,368. Although this is farther from the current price, if the upper zone is breached, a chain reaction could push the price into this range.
The third zone is near $1,000, controlled by an entity called “7 Siblings,” which holds about 286,733 ETH. The liquidation prices are concentrated around $1,075 and $1,029. This zone would only trigger in extreme market conditions, but historically, similar liquidation chains have caused deep corrections in a short period.
Liquidation levels are essentially hidden “pressure switches” on the chain. When the price reaches these levels, the system automatically sells to cover loans, creating a cascading effect. Currently, ETH remains above these levels, but the market is closely watching price movements. If the downtrend continues, short-term volatility could be significantly amplified.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
On-chain activity is exploding, but Ethereum can't seem to gain momentum? Experts reveal the "fatal weakness": could drop to $1,500
CryptoQuant reports indicate that Ethereum faces an "adoption paradox," where despite network activity reaching new highs, the token price has declined. If the bear market continues, Ether could potentially fall to $1,500 by the end of the third quarter. Smart contract activity has risen while decoupling from Ether's price, with exchange inflows being a better reflection of price dynamics. Weak investment demand and continuous capital outflows remain the primary concern.
区块客10m ago
Still thinking blockchain transaction fees are expensive? Ethereum gas drops to 0.01 gwei, hitting historic lows
Ethereum's Gas fees have dropped to 0.045 Gwei, with transaction costs declining to approximately $0.01, indicating a significant reduction in fees. This is related to Layer 2 scaling solutions and network architecture adjustments, which have transformed the mainnet into a secure settlement layer. Despite continued market price pressure, activity across the Ethereum ecosystem continues to grow, demonstrating undiminished usage demand.
CryptoCity20m ago
Vitalik Proposes Establishing a Secret Voice Command Silent Alarm System to Combat Crimes Targeting Cryptocurrency Holders
Ethereum founder Vitalik Buterin has suggested a low-cost alert tool that allows users to set a secret phrase, enabling their device to automatically call for police assistance upon recognition. This proposal is particularly suitable for cryptocurrency holders, enhancing security and reducing the risk of kidnapping or robbery.
GateNews25m ago
Vitalik Buterin Proposes "Duress Code" Security Solution to Protect Cryptocurrency Holders from Robbery
Ethereum co-founder Vitalik Buterin has proposed a new personal security solution that enhances the safety of cryptocurrency holders through a "duress code alert mechanism." Users can set a duress code in smart devices that, when triggered, automatically calls emergency services and transmits location information, thereby increasing rescue probability and reducing risks of kidnapping and robbery. This solution emphasizes passive triggering to protect civil liberties and reduce the potential for government surveillance, potentially offering new security protection ideas for crypto asset users.
GateNews34m ago
CryptoQuant Warns of Ethereum 'Adoption Paradox' as Vitalik Outlines Three Core Functions
Ethereum is facing an "adoption paradox" where record-high network activity has diverged from ether's price performance, potentially leading to further downside toward $1,500 by late 2026 if bear market conditions persist, according to onchain analytics firm CryptoQuant.
CryptopulseElite47m ago
US Treasury Sanctions North Korean Fraud Mastermind, 21 Cryptocurrency Addresses Frozen
The U.S. Department of Treasury has imposed sanctions against six individuals and two entities, accusing them of participating in a North Korean IT fraud scheme, with funds being used for weapons development. The fraud network includes overseas IT workers impersonating legitimate workers, stealing corporate technology, and using cryptocurrency for money laundering. Chainalysis warns that this fraudulent activity is becoming increasingly rampant and recommends that cryptocurrency firms strengthen their due diligence and monitoring of counterparties.
MarketWhisper49m ago
