Ethereum Price Movements Could Trigger Significant Liquidations

Recent data from BlockBeats reveals potential market impact for Ethereum if its price fluctuates significantly. The platform reports that a surge above $4,800 could trigger a substantial liquidation of short positions on major exchanges (CEXs) totaling approximately $1.067 billion. Conversely, if the asset dips below $4,600, the cumulative long liquidation amount will be around $1.025 billion. It’s important to note that this chart focuses on the relative intensity of liquidations rather than exact contract numbers or values.