Coinglass data shows that if ETH drops below $2,381, cumulative long liquidation intensity on major CEXs could reach $1.434 billion. Conversely, if ETH breaks above $2,626, short liquidation intensity could hit $768 million.
Coinglass says that if Ethereum (ETH) slips under $2,381, cumulative long liquidation pressure across major centralized exchanges (CEXs) may hit $1.434 billion.
But if ETH pushes past $2,626, cumulative short liquidation pressure on those same platforms could rise to $768 million.
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