Ethereum price movements could trigger significant liquidation events across major trading platforms. According to data from Coinglass, if ETH breaks above $2,777, short positions face a cumulative liquidation exposure of $1.224 billion. On the flip side, if the token dips below $2,516, long position holders could face around $497 million in total liquidations. With ETH currently trading at $2.09K as of February 9, 2026, the asset is positioned between these critical thresholds, meaning traders and investors need to watch these levels closely. Such price movements could create a cascade of for