#ETH traders should stay alert ⚠️ These liquidation levels show how sensitive the market is right now. Big moves are coming — up or down. Are you team long or short here? #ETH #CryptoTrading #MarketVolatility

Ethereum's price fluctuations could lead to substantial liquidation events on major centralized exchanges. According to ChainCatcher, data from Coinglass indicates that if Ethereum surpasses $2,477, the cumulative liquidation intensity of short positions on mainstream centralized exchanges will reach $1.021 billion. Conversely, if Ethereum falls below $2,245, the cumulative liquidation intensity of long positions will amount to $533 million.