ETH Faces $475M Liquidation Risk Below $2,392Coinglass data shows that ETH is approaching two key liquidation zones. If the price drops below $2,392, long positions worth around $475 million could face liquidation across major centralized exchanges. On the other hand, a rally above $2,618 could trigger approximately $466 million in short liquidations.
These levels could increase volatility as leveraged traders face pressure in either direction. However, liquidation estimates do not guarantee a price move. The key question is: will ETH break lower and pressure longs, or rise and squeeze short sellers?#EtherETFsExtendOutflowsToNineDays
These levels could increase volatility as leveraged traders face pressure in either direction. However, liquidation estimates do not guarantee a price move. The key question is: will ETH break lower and pressure longs, or rise and squeeze short sellers?#EtherETFsExtendOutflowsToNineDays