According to ChainCatcher, data from Coinglass shows that if ETH falls below $2,097, the cumulative liquidation intensity of long positions on major CEXs will reach $1.048 billion. Conversely, if ETH breaks above $2,317, the cumulative liquidation intensity of short positions on major CEXs will reach $718 million.
ETH below $2,097 could trigger $1.048 billion in long liquidations on major centralized exchanges.
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Summary
According to on-chain trading signals from Coinglass, ETH below $2,097 could trigger $1.048 billion in long liquidations across major centralized exchanges. A drop to that level would test long-term investor sentiment. Meanwhile, a rise above $2,317 could lead to $718 million in short liquidations.
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