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's price falls below $1,964, the liquidation intensity for long positions could reach $1.238 billion. Conversely, if Ethereum surpasses $2,169, the liquidation intensity for short positions could amount to $774 million.