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According to Coinglass data cited by ChainCatcher, ETH’s price could trigger a major shift if it breaks above $2,163. A breakout at this level may lead to $1.424 billion in short liquidations across major centralized exchanges. Conversely, ETH analysis suggests that a drop below $1,958 could result in $745 million in long liquidations. Traders are closely monitoring these key levels for potential volatility.

According to ChainCatcher, data from Coinglass shows that if ETH breaks above $2,163, the total liquidation value of long positions on major CEXs will reach $1.424 billion. Conversely, if ETH falls below $1,958, the total liquidation value of short positions on major CEXs will reach $745 million.Source:Show originalDisclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.