Coinglass data shows two key Ethereum price levels tied to sizable liquidation pressure on major centralized exchanges. If ETH rises above $2,563, cumulative short liquidation intensity across major CEXs would reach $1.196 billion. On the downside, if ETH falls below $2,324, cumulative long liquidation intensity would reach $573 million. The figures highlight the scale of potential forced liquidations clustered around those two price points, based on the data cited by ChainCatcher.
ChainCatcher reported, citing Coinglass data, that if ETH breaks above $2,563, cumulative short liquidation intensity across major centralized exchanges would reach $1.196 billion.
If ETH falls below $2,324, cumulative long liquidation intensity across major CEXs would reach $573 million.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
