Ethereum Price Movements Could Trigger Significant Liquidations
According to ChainCatcher, data from Coinglass indicates that if Ethereum (ETH) surpasses $2,971, the liquidation intensity of short positions on major centralized exchanges (CEX) will reach $1.302 billion. Conversely, if ETH falls below $2,692, the liquidation intensity of long positions on these exchanges will amount to $681 million.
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