According to ChainCatcher, data from Coinglass shows that if ETH falls below $1,777, the total liquidation value of long positions on major CEXs will reach $589 million. Conversely, if ETH breaks above $1,959, the total liquidation value of short positions on major CEXs will reach $528 million.
ETH below $1,777 could trigger $589M in long liquidations on major centralized exchanges.
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Summary
On-chain trading signals indicate that ETH below $1,777 could trigger $589 million in long liquidations across major centralized exchanges, according to Coinglass data. A drop to this level would likely force significant exits. Meanwhile, a rise above $1,959 could result in $528 million in short liquidations. Long-term investment strategies should consider these key price levels, as leveraged positions are highly sensitive to price movements.
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