Ethereum Price Movements Could Trigger Significant Liquidations
According to ChainCatcher, data from Coinglass indicates that if Ethereum surpasses $3,269, the cumulative liquidation intensity of short positions on major centralized exchanges will reach $1.252 billion. Conversely, if Ethereum falls below $2,961, the cumulative liquidation intensity of long positions on these exchanges will amount to $851 million.
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