ChainCatcher, citing data from Coinglass, said Ethereum could face heavy liquidation pressure on both sides of the market at key price levels. If ETH drops below $2,608, the cumulative long liquidation intensity across major centralized exchanges would reach $1.694 billion. On the upside, if ETH breaks above $2,878, cumulative short liquidation intensity across major CEXs would hit $791 million. The figures highlight two liquidation clusters identified by Coinglass and referenced in the market update. No additional timeframe or exchange-by-exchange breakdown was provided in the source.
ChainCatcher, citing Coinglass data, reported that if ETH falls below $2,608, cumulative long liquidation intensity across major centralized exchanges would reach $1.694 billion.
If ETH breaks above $2,878, cumulative short liquidation intensity across major CEXs would reach $791 million.
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