According to ChainCatcher, data from Coinglass shows that if ETH falls below $2,174, the total liquidation value of long positions on major CEXs will reach $1.817 billion. Conversely, if ETH breaks above $2,400, the total liquidation value of short positions on major CEXs will reach $792 million.
ETH below $2,174 could trigger $1.817 billion in long liquidations on major centralized exchanges.
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Summary
According to on-chain trading signals from Coinglass, if ETH falls below $2,174, long position liquidations on major centralized exchanges could reach $1.817 billion. A move above $2,400 could trigger $792 million in short liquidations. These levels serve as key support and resistance for current traders, while long-term investors should monitor broader market trends and macroeconomic developments.
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