According to ChainCatcher, data from Coinglass shows that if ETH falls below $2,307, the total liquidation value of long positions on major CEXs will reach $1.098 billion. Conversely, if ETH breaks above $2,533, the total liquidation value of short positions on major CEXs will reach $694 million.
ETH below $2,307 could trigger $1.098 billion in long liquidations on major centralized exchanges.
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Summary
According to on-chain trading signals, ETH below $2,307 could trigger $1.098 billion in long liquidations across major centralized exchanges. Long-term investment strategies may face pressure if the price declines further. Conversely, ETH above $2,533 could lead to $694 million in short liquidations.
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