Ethereum Price Movements Could Trigger Significant Liquidations

Ethereum's price fluctuations could lead to substantial liquidations on major centralized exchanges, according to Coinglass data. If Ethereum falls below $1,924, the liquidation of long positions could reach $543 million. Conversely, if Ethereum surpasses $2,113, the liquidation of short positions could amount to $520 million, according to ChainCatcher.