Ethereum Price Drop Risk Could Trigger Massive Liquidations

Data from ChainCatcher reveals that Ethereum price drops below a key threshold could trigger substantial liquidations across major centralized exchanges. According to the analysis, if Ethereum falls below $2,746, the cumulative liquidation volume of long positions on these platforms could reach nearly $1.066 billion. Conversely, if Ethereum exceeds $3,031, short positions would see a comparable $1.049 billion in potential liquidations. #ETH