If ETH drops below $2,134, cumulative long liquidation pressure across major CEXs will reach $617 million
Have you seen this yet? Everyone, stay calm. No matter how alarming the news is, make sure to manage your positions in advance!
The news is somewhat negative, but there are plenty of examples of prices rebounding after falling in response to bearish news.
$ETH (24h +0.82%)

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For reference only. You assume all risks.