According to ChainCatcher, data from Coinglass shows that if ETH breaks above $2,170, the total liquidation intensity of long positions on major CEXs will reach $1.396 billion. Conversely, if ETH falls below $1,976, the total liquidation intensity of short positions on major CEXs will reach $536 million.
ETH breakout above $2,170 could trigger $1.396 billion in short liquidations.
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Summary
On-chain data from Coinglass indicates that if the ETH price breaks above $2,170, short liquidations on major CEXs could reach $1.396 billion. A drop below $1,976 may trigger $536 million in long liquidations. ETH price movement remains closely monitored as position imbalances continue to grow.
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