Ethereum Price Movements Risk $1.37 Billion in Liquidations: Study

A new analysis by BlockBeats reveals potential liquidations risks for Ethereum (ETH) prices. If ETH breaks past the $4,700 mark, a staggering $1.373 billion in short positions could be liquidated from major centralized exchanges (CEXs). Conversely, if ETH dips below $4,400, long positions on these exchanges could face $1.990 billion worth of liquidation pressure. Although the exact numbers of pending contracts or their precise value are not explicitly shown, the chart’s bars represent relative intensity of each liquidation cluster, providing insight into market reactions.