Ethereum Price Movements Could Trigger Significant Liquidations
Market / Price
Ethereum's price fluctuations could lead to substantial liquidation events on major centralized exchanges. According to ChainCatcher, data from Coinglass indicates that if Ethereum surpasses $2,145, the cumulative liquidation intensity of short positions on mainstream centralized exchanges will reach $498 million. Conversely, if Ethereum falls below $1,947, the cumulative liquidation intensity of long positions will amount to $323 million.
ETH
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