According to ChainCatcher, data from Coinglass shows that if ETH breaks above $1,972, the total liquidation intensity of long positions on major CEXs will reach $1.004 billion. Conversely, if ETH falls below $1,788, the total liquidation intensity of short positions on major CEXs will reach $442 million.
ETH breaking above $1,972 could trigger $1.004 billion in short liquidations.
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Summary
According to Coinglass data cited by ChainCatcher, if ETH breaks above $1,972, it could trigger $1.004 billion in short liquidations. Analysis suggests that a drop below $1,788 may lead to $442 million in long liquidations on major centralized exchanges. Traders are closely monitoring the price action.
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