According to ChainCatcher, data from Coinglass shows that if ETH breaks above $2,222, the total liquidation value of long positions on major CEXs will reach $1.303 billion. Conversely, if ETH falls below $2,021, the total liquidation value of short positions on major CEXs will reach $608 million.
ETH breaking above $2,222 could trigger $1.303 billion in short liquidations.
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Summary
According to Coinglass data cited by ChainCatcher, if ETH breaks above $2,222, it could trigger $1.303 billion in short liquidations. Analysis suggests that a drop below $2,021 may result in $608 million in long liquidations across major centralized exchanges. Price action remains a key focus for traders monitoring position risks.
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