According to ChainCatcher, data from Coinglass shows that if ETH breaks above $2,078, the total liquidation strength of long positions on major CEXs will reach $1.225 billion. Conversely, if ETH falls below $1,883, the total liquidation strength of short positions on major CEXs will reach $353 million.
ETH breakout above $2,078 could trigger $1.225 billion in short liquidations.
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Summary
According to ChainCatcher data, if ETH breaks above $2,078, it could trigger $1.225 billion in short liquidations. Major centralized exchanges may view this level as a key resistance. ETH analysis indicates that a drop below $1,883 could lead to $353 million in long liquidations. Traders are closely monitoring these levels for potential market shifts.
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