Rewards Hub Ethereum's price falling below $2,906 could result in $1.166 billion in long liquidations across major centralized exchanges, according to Coinglass data. This potential drop poses a significant risk to long-term investment strategies. Conversely, if Ethereum's price rises above $3,186, it could lead to $727 million in short liquidations. These figures underscore critical support and resistance levels for traders closely watching Ethereum's market movements.
Ethereum Price Drop Below $2,906 May Trigger $1.166B in Liquidations
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