$ETH Price Movements Could Trigger Significant Liquidations

Ethereum's price fluctuations may lead to substantial liquidation events on major centralized exchanges. According to ChainCatcher, data from Coinglass indicates that if Ethereum's price falls below $2,778, the liquidation intensity for long positions could reach $1.788 billion. Conversely, if Ethereum surpasses $3,069, the liquidation intensity for short positions could amount to $1.132 billion.

ETH

1,979.56

+0.49%