Ethereum Price Movements Could Trigger Significant Liquidations
According to ChainCatcher, data from Coinglass indicates that if Ethereum's price surpasses $3,274, the cumulative short liquidation intensity on major centralized exchanges could reach $1.382 billion. Conversely, if Ethereum falls below $2,963, the cumulative long liquidation intensity on these exchanges could amount to $1.115 billion.
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