According to ChainCatcher, data from Coinglass shows that if ETH falls below $1,946, the total liquidation value of long positions on major CEXs will reach $1.016 billion. Conversely, if ETH breaks above $2,148, the total liquidation value of short positions on major CEXs will reach $898 million.
ETH below $1,946 could trigger $1.016 billion in long liquidations on major centralized exchanges.
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Summary
New on-chain trading signals indicate that ETH below $1,946 could trigger $1.016 billion in long liquidations across major centralized exchanges, according to Coinglass data. A drop to this level would challenge long-term investment strategies as leveraged positions face forced closures. Conversely, ETH above $2,148 could result in $898 million in short liquidations, highlighting strong resistance ahead.
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