Ethereum Price Movements: Potential for $200 Million Liquidations

A recent analysis by BlockBeats sheds light on Ethereum’s potential impact on liquidations within centralized exchanges (CEX). According to the data, a price surge above $4,000 could trigger cumulative short liquidations of $221 million. Conversely, if Ethereum drops below $3,900, long liquidation amounts would reach a significant $185 million. 📚
It’s important to note that the BlockBeats chart does not disclose exact numbers of contracts in liquidation or their precise value. Instead, it visualizes relative liquidations intensity using bar graphs. This helps illustrate potential market reactions as price levels increase or decrease.