Ethereum Price Movements Could Trigger Significant Liquidations

Ethereum's price fluctuations could lead to substantial liquidations on major centralized exchanges. According to ChainCatcher, data from Coinglass indicates that if Ethereum surpasses $2,192, the cumulative liquidation of short positions on these exchanges could reach $778 million. Conversely, if Ethereum falls below $1,987, the liquidation of long positions could amount to $133 million.