According to ChainCatcher, data from Coinglass shows that if ETH breaks above $2,442, the total liquidation value of long positions on major CEXs will reach $1.002 billion. Conversely, if ETH falls below $2,212, the total liquidation value of short positions on major CEXs will reach $863 million.
ETH breaking above $2,442 could trigger $1.002 billion in short liquidations.
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Summary
According to Coinglass data cited by ChainCatcher, if ETH breaks above $2,442, it could trigger $1.002 billion in short liquidations. ETH analysis indicates that if ETH falls below $2,212, it may lead to $863 million in long liquidations. Major centralized exchanges are closely monitoring these key levels.
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