Ethereum Price Movements Could Trigger Significant Liquidations

Ethereum's price fluctuations may lead to substantial liquidations on major cryptocurrency exchanges. According to ChainCatcher, Coinglass data indicates that if Ethereum's price falls below $1,811, the liquidation intensity for long positions across mainstream centralized exchanges could reach $1.078 billion. Conversely, if Ethereum surpasses $2,001, the liquidation intensity for short positions could amount to $233 million.