Coinglass Predicts Potential ETH Liquidations Based on Price Movements

New data from Coinglass suggests that significant Ethereum (ETH) price fluctuations may trigger substantial liquidations across major centralized exchanges (CEXs). If ETH surpasses $2,937, the cumulative liquidation of short positions could reach a staggering $837 million. Conversely, if ETH falls below $2,659, the cumulative liquidation of long positions on these exchanges could exceed $725 million.