According to ChainCatcher, data from Coinglass shows that if ETH falls below $2,021, the cumulative liquidation strength of long positions on major CEXs will reach $866 million. Conversely, if ETH breaks above $2,233, the cumulative liquidation strength of short positions on major CEXs will reach $780 million.
ETH below $2,021 could trigger $866 million in long liquidations on major centralized exchanges.
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Summary
New data suggests that ETH falling below $2,021 could trigger $866 million in long liquidations on major centralized exchanges, while a rise above $2,233 could lead to $780 million in short liquidations. Traders evaluating a long-term crypto strategy should closely monitor these key price levels. Long-term investing in volatile markets often requires awareness of such critical price points.
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