According to ChainCatcher, data from Coinglass shows that if ETH falls below $2,323, the total liquidation value of long positions on major CEXs will reach $1.044 billion. Conversely, if ETH breaks above $2,563, the total liquidation value of short positions on major CEXs will reach $531 million.
ETH below $2,323 could trigger $1.044 billion in long liquidations on major centralized exchanges.
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Summary
New on-chain trading signals indicate that ETH below $2,323 could trigger $1.044 billion in long liquidations across major centralized exchanges, according to Coinglass data. A drop to that level would challenge long-term investment strategies as leveraged positions face forced liquidations. Meanwhile, a rise above $2,563 could result in $531 million in short liquidations, reflecting continued market volatility.
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