Ethereum Price Movements Could Trigger Significant Liquidations

Ethereum's price fluctuations could lead to substantial liquidations on major centralized exchanges. According to ChainCatcher, Coinglass data indicates that if Ethereum surpasses $2,122, the cumulative short liquidation intensity on these exchanges could reach $825 million. Conversely, if Ethereum falls below $1,929, the cumulative long liquidation intensity could amount to $729 million.