Ethereum Price Movements Could Trigger Significant Liquidations
AI Summary
Ethereum's price fluctuations could lead to #ETHMarketWatch
substantial liquidation events on major centralized exchanges. According to ChainCatcher, data from Coinglass indicates that if Ethereum surpasses $3,089, the cumulative liquidation intensity of short positions on these exchanges will reach $501 million. Conversely, if Ethereum falls below $2,825, the liquidation intensity of long positions will also amount to $501 million.
ETH
3,007.73
+2.94%