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's price falls below $1,920, the cumulative liquidation of long positions could reach $1. 211 billion. Conversely, if Ethereum surpasses $2,121, the liquidation of short positions could amount to $635 million.
ETH
Disclaimer: This content is provided via cryptopanic and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.
