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 $3,093, the cumulative liquidation intensity for short positions on mainstream centralized exchanges will reach $1. 291 billion. Conversely, if Ethereum falls below $2,821, the cumulative liquidation intensity for long positions will amount to $586 million source: https://www.binance.com/en/square/post/35733618542649?utm_source=BinanceNewsRSS