According to ChainCatcher, data from Coinglass shows that if ETH breaks above $2,145, the total liquidation intensity of long positions on major CEXs will reach $1.39 billion. Conversely, if ETH falls below $1,943, the total liquidation intensity of short positions on major CEXs will reach $408 million.
ETH breakout above $2,145 could trigger $1.39 billion in short liquidations.
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Summary
On-chain data from Coinglass indicates that if the ETH price breaks above $2,145, short liquidations on major centralized exchanges could reach $1.39 billion. A drop below $1,943 may trigger $408 million in long liquidations. This data underscores key resistance and support levels for ETH price movement.
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