The passage indicates that Ethereum could face significant liquidations if its price drops to either of two critical levels. Specifically, if Ethereum falls to $1,804, there could be $109.9 million worth of positions liquidated. If it drops slightly further to $1,784, the potential liquidation increases to $116.9 million. Combined, these two scenarios present a risk of up to $226.8 million in liquidations.
ETH
2,655.18
-2.81%