According to ChainCatcher, data from Coinglass shows that if ETH breaks above $3,456, the cumulative short position liquidation volume on major CEXs will reach $1.43 billion. Conversely, if ETH falls below $3,148, the cumulative long position liquidation volume on major CEXs will reach $959 million.
Data: ETH Breaking Above $3,456 Could Trigger $1.43 Billion in Short Liquidations on Major Centralized Exchanges
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Summary
Data from Coinglass shows that if the ETH price breaks above $3,456, major centralized exchanges (CEXs) could see $1.43 billion in short liquidations. If the ETH price falls below $3,148, it may trigger $959 million in long liquidations. The data highlights current positioning on centralized exchanges.
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