Rewards Hub Ethereum's price fluctuations could lead to significant liquidations on major centralized exchanges (CEXs). Data from Coinglass indicates that if ETH drops below $2,111, long positions worth $967 million could be liquidated. Conversely, if ETH surpasses $2,329, short positions totaling $512 million face liquidation. These thresholds highlight the potential for substantial market movements based on Ethereum's price trajectory.
ETH Price Movements Could Trigger Massive Liquidations on CEXs
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.