Ethereum Price Movements Could Trigger Significant Liquidations
Ethereum's price fluctuations could lead to substantial liquidations on major centralized exchanges. According to ChainCatcher, Coinglass data indicates that if Ethereum's price falls below $2,805, the cumulative liquidation intensity of long positions on these exchanges could reach $837 million. Conversely, if Ethereum surpasses $3,100, the cumulative liquidation intensity of short positions could amount to $723 million.
Source: CoinLive The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments