Coinglass data shows that if Ether (ETH) rises above $1,865, cumulative short liquidation intensity across major centralized exchanges could reach $603 million. On the downside, if ETH falls below $1,705, cumulative long liquidation intensity across major CEXs could reach $362 million. The figures point to concentrated liquidation pressure around the two price levels highlighted by the data.
ChainCatcher reported, citing Coinglass data, that if Ether (ETH) breaks above $1,865, cumulative short liquidation intensity across major centralized exchanges could reach $603 million.
If ETH falls below $1,705, cumulative long liquidation intensity across major CEXs could reach $362 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.