Ethereum Price Movements Could Trigger Significant Liquidations

Ethereum's price fluctuations could lead to substantial liquidations on major centralized exchanges. According to ChainCatcher, data from Coinglass indicates that if Ethereum's price falls below $1,920, the cumulative liquidation of long positions could reach $1.211 billion. Conversely, if Ethereum surpasses $2,121, the liquidation of short positions could amount to $635 million.