U.S. tariff shock sends Ether reeling, with nearly $100M in positions at risk of liquidation if prices fall further.The global crypto market is under pressure as the fallout from President Donald Trump's sweeping tariffs spreads through Asia and beyond. Ether (ETH), the second-largest cryptocurrency by market cap, is now trading just above $1,490 — down nearly 16% in the past 24 hours — with analysts warning of looming on-chain liquidations if the decline continues.$100M in ETH at Risk If Price Slides 15%On-chain data from DeFiLlama reveals that over $100 million in leveraged Ether positions could be liquidated if ETH drops another 15% from current levels, bringing the price to around $1,274.One key wallet with a liquidation price of $1,418 narrowly avoided being triggered during the Monday Asia session by reducing its ETH collateral and repaying DAI debt. However, the broader risk remains elevated.📉 If ETH falls another 20% (to around $1,190), an additional $36 million in collateralized positions could be wiped out.The largest at-risk ETH position? A massive $147 million collateralized vault with a liquidation price at $1,132.Lending Protocols Among the Hardest HitLending and borrowing platforms took the brunt of the downturn. According to CoinGecko, DeFi lending tokens plunged by 17%, as concerns mount over excessive leverage and insufficient liquidation buffers.Liquidations on on-chain protocols like MakerDAO can be even more impactful than centralized exchange derivatives, as they involve direct spot asset sales. These are auctioned off at discounted prices, often accelerating market-wide sell-offs and flooding the books with ETH.Asian Traders Already Took the Hit — Is the U.S. Next?Monday’s trading day in Asia left a trail of red, and traders now brace for further carnage when U.S. markets open, with tariff-fueled volatility threatening both traditional equities and crypto. The CoinDesk 20 Index is down 13%, and market-wide sentiment remains bearish.ETH’s 200-day moving average at $1,595 has already been lost, and short-term technicals remain heavily skewed to the downside, with RSI indicators hovering near oversold levels, according to CoinDesk.Key Metrics to Watch:Current ETH Price: ~$1,490Liquidation Threshold 1: $1,274 (Triggers ~$100M)Liquidation Threshold 2: $1,190 (Triggers +$36M)Largest Risk Position: $147M at $1,132DeFi Lending Sector: -17% on the dayWith macro uncertainty, on-chain liquidation risks, and equity turmoil all converging, Ether bulls are facing a high-stakes week. If U.S. equities continue their meltdown, another wave of liquidations could cascade through DeFi and push ETH toward the $1,200s.Would you like me to create a visual chart showing ETH price levels and liquidation risk thresholds?