ChainCatcher News, according to Coinglass data, if ETH falls below $1,945, the cumulative long position liquidation volume on major CEXs will reach $1.086 billion. Conversely, if ETH breaks through $2,147, the cumulative short position liquidation volume on major CEXs will reach $479 million.
Data: ETH Below $1,945 Could Trigger $1.086B Long Liquidations on Major CEXs
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Summary
According to on-chain trading signals from Coinglass, ETH below $1,945 could trigger $1.086B in long liquidations on major CEXs. A rise above $2,147 may lead to $479M in short liquidations. Traders are advised to consider long-term investing strategies amid shifting leverage positions.
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