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Fluctuations in Ethereum's price can cause substantial liquidation events on major centralized exchanges. According to ChainCatcher, data from Coinglass shows that if Ethereum's price falls below $1,874, the cumulative liquidation intensity for long positions on major centralized exchanges could reach $860 million. Conversely, if Ethereum surpasses $2,057, the cumulative liquidation intensity for short positions could reach $732 million.

#US Ethereum ETF sees $ETH outflows

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