Ethereum Price Movements Could Trigger Significant Liquidations

According to BlockBeats, data from Coinglass indicates that if Ethereum surpasses $4,500, the cumulative short liquidation intensity on major centralized exchanges (CEX) could reach $1. 395 billion. Conversely, if Ethereum falls below $4,300, the cumulative long liquidation intensity on these exchanges could amount to $712 million. BlockBeats notes that the liquidation chart does not display the exact number of contracts pending liquidation or their precise value source: https://www.binance.com/en/square/post/29269511414386?utm_source=BinanceNewsRSS