Coinglass data indicates that Ethereum could face heavy liquidation pressure on both sides of the market at key price levels on major centralized exchanges. If ETH rises above $2,830, the cumulative short liquidation intensity across mainstream CEXs would reach $1.062 billion. On the downside, if ETH falls below $2,561, the cumulative long liquidation intensity would reach $1.01 billion. The figures point to concentrated liquidation pressure around those two price thresholds, based on data cited by ChainCatcher. No additional timeframe or exchange-level breakdown was provided in the source.
According to ChainCatcher, data from Coinglass shows that if ETH breaks above $2,830, cumulative short liquidation intensity across major centralized exchanges would reach $1.062 billion.
If ETH falls below $2,561, cumulative long liquidation intensity across mainstream CEXs would reach $1.01 billion.
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.
