Ethereum's potential rise above $2,100 is poised to trigger significant market activity, with $854 million in short liquidations expected on major centralized exchanges (CEXs), according to Coinglass data. This surge in liquidations highlights the intense market dynamics as traders adjust their positions in response to Ethereum's price movements.
Conversely, if Ethereum's price falls below $1,900, the market could see $496 million in long liquidations. The liquidation chart, while not showing exact contract numbers, indicates the relative intensity of liquidation clusters, suggesting that price movements to these levels could lead to substantial market reactions.
Ethereum Price Surge to $2,100 Could Trigger $854M in Liquidations
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