Ethereum Price Movements Could Trigger Significant Liquidations
Ethereum's price fluctuations could lead to substantial liquidations on major centralized exchanges. According to ChainCatcher, data from Coinglass indicates that if Ethereum surpasses $2,167, the cumulative liquidation of short positions could reach $1. 048 billion. Conversely, if Ethereum falls below $1,965, the liquidation of long positions could amount to $458 million.
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