According to ChainCatcher, data from Coinglass shows that if ETH falls below $1,975, the total liquidation value of long positions on major CEXs will reach $932 million. Conversely, if ETH breaks above $2,180, the total liquidation value of short positions on major CEXs will reach $496 million.
ETH below $1,975 could trigger $932 million in long liquidations on major centralized exchanges.
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Summary
New on-chain trading signals indicate that if ETH falls below $1,975, it could trigger $932 million in long liquidations across major centralized exchanges, according to Coinglass data. Long-term investment strategies may need adjustment as this threshold approaches. If ETH rises above $2,180, short liquidations could reach $496 million.
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