Rewards Hub Ethereum's price falling below $2,840 could result in $1.614 billion in long liquidations across major centralized exchanges, according to Coinglass data. This potential drop poses a significant risk to leveraged positions and long-term investment strategies. Conversely, if Ethereum's price rises above $3,135, it could lead to $992 million in short liquidations, highlighting the volatility and high stakes in the current market environment.
ETH Price Drop Below $2,840 Could Trigger $1.614 Billion in Liquidations
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