Coinglass says ETH move below $1,777 could trigger $589 million in long liquidations

Coinglass says ETH move below $1,777 could trigger $589 million in long liquidations

N
News Editor
2026-08-02 18:30:31
Data from Coinglass shows two key liquidation levels for Ether across major centralized exchanges. If ETH falls below $1,777, cumulative long liquidation intensity on mainstream CEXs would reach $589 million. On the other side, if ETH breaks above $1,959, cumulative short liquidation intensity would reach $528 million. The figures were cited in a ChainCatcher market update and point to concentrated liquidation pressure around both price levels. No other market data or time horizon was provided in the source.

ChainCatcher cited Coinglass data showing that if ETH drops below $1,777, cumulative long liquidation intensity across major centralized exchanges would reach $589 million.

If ETH rises above $1,959, cumulative short liquidation intensity across major centralized exchanges would reach $528 million.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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