Coinglass data points to two key liquidation levels for Ether on major centralized exchanges. If ETH rises above $2,537, cumulative short liquidation intensity could reach $862 million. On the downside, if ETH falls below $2,296, cumulative long liquidation intensity could hit $475 million.
The figures highlight the scale of potential liquidations tied to those two price levels in the current market setup. The data cited in the report was attributed to Coinglass and published by ChainCatcher.
ChainCatcher reported, citing Coinglass data, that if ETH breaks above $2,537, cumulative short liquidation intensity across major centralized exchanges could reach $862 million.
Conversely, if ETH falls below $2,296, cumulative long liquidation intensity across major centralized exchanges could reach $475 million.
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