ETH Price Thresholds May Trigger Massive Liquidations on Major Exchanges

Data from Coinglass suggests that if Ethereum (ETH) breaks above $1,972, the cumulative short liquidation intensity on major cryptocurrency exchanges (CEXs) will reach $1.004 billion.

This figure is based on current data and may change as market conditions evolve. The warning also notes a potential for long liquidation volume to increase if ETH falls below $1,788, reaching $442 million.

The source emphasizes that this information does not serve as investment advice and should be used solely for informational purposes.