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's price falls below $2,015, the liquidation intensity for long positions on these exchanges could reach $1.373 billion. Conversely, if Ethereum surpasses $2,224, the liquidation intensity for short positions could amount to $640 million.