BTC, ETH, and ZEC Face Concentrated Long Liquidation Zones Below Current Prices
BlockBeats reported on September 22 that TradingBeats monitoring showed large long liquidation clusters below the current prices of BTC, ETH, and ZEC, while HYPE faces relatively distant near-term liquidation risk. According to BlockBeats On-chain Detection, BTC is the closest to a risk zone, with a pullback of about 4.4% needed to enter it.
BTC was last reported at $85,549. A cluster of about 1,080 BTC in potential long liquidations is concentrated in the $81,600 to $81,800 range, representing roughly $87.9 million and sitting about 4.4% to 4.6% below the current price. The largest position in that area is linked to wallet 0xd1...9dab, with an estimated liquidation price of about $81,550.28 involving around 1,060 BTC, or about $86.23 million.
ETH was last reported at $2,731.8, with pressure building near $2,500. About 47,000 ETH in potential long liquidations are concentrated between $2,500 and $2,520, worth about $118 million and roughly 7.8% to 8.5% below the current price. Wallet 0x77...e0e9 holds about 41,200 ETH in long positions, with an estimated liquidation price of $2,512.65 and a position size of about $104 million. If ETH continues to fall, it would also approach two other large long positions: Huang Licheng, known as Machi, with about 31,900 ETH at an estimated liquidation price of $2,473.49, and wallet 0x03...d7d9 with about 56,900 ETH at $2,453.10. Together, the three positions total about 130,000 ETH, with an estimated combined size of about $322 million.
ZEC was last reported at $1,512.1, with risk concentrated near $1,400. About 11,800 ZEC in potential long liquidations are clustered in the $1,400 to $1,420 range, worth about $16.68 million and about 6.1% to 7.4% below the current price. Wallet 0xcb...dc70 holds about 10,700 ZEC in long positions, with an estimated liquidation price of $1,412.56 and a position size of about $15.15 million, accounting for about 91% of the risk in that range.