According to ChainCatcher, data from Coinglass shows that if ETH breaks above $2,048, the total liquidation intensity of long positions on major CEXs will reach $911 million. Conversely, if ETH falls below $1,855, the total liquidation intensity of short positions on major CEXs will reach $353 million.
ETH breaking above $2,048 could trigger $911 million in short liquidations on major centralized exchanges.
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Summary
On-chain data shows that an ETH price above $2,048 could trigger $911 million in short liquidations across major centralized exchanges, according to Coinglass. An ETH price below $1,855 may lead to $353 million in long liquidations. These figures highlight key resistance and support levels for ETH price movement.
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