Ethereum Price Movements Could Trigger Significant Liquidations

Ethereum's price fluctuations may lead to substantial liquidation events on major centralized exchanges. According to ChainCatcher, data from Coinglass indicates that if Ethereum's price falls below $1,874, the cumulative liquidation intensity for long positions across mainstream centralized exchanges could reach $860 million. Conversely, if Ethereum surpasses $2,057, the cumulative liquidation intensity for short positions could amount to $732 million.