Coinglass data cited by ChainCatcher shows a heavy liquidation zone for Ether on both sides of the market. If ETH breaks above $2,599, cumulative short liquidation intensity across major centralized exchanges would reach $1.376 billion. On the downside, if ETH falls below $2,355, cumulative long liquidation intensity across major CEXs would hit $765 million. The figures outline two key price levels that traders are watching in the derivatives market. No additional timeframe or exchange breakdown was provided in the brief. The update was published by ChainCatcher as a market analysis newsflash.
ChainCatcher, citing data from Coinglass, reported that if ETH rises above $2,599, cumulative short liquidation intensity across major centralized exchanges would reach $1.376 billion.
If ETH drops below $2,355, cumulative long liquidation intensity across major CEXs would reach $765 million.
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