Data: If ETH breaks through $2,048, the total liquidation strength of mainstream CEX short positions will reach $869 million.

ETH-0,12%

ChainCatcher reports that, according to Coinglass data, if ETH breaks above $2,048, the total liquidation strength of long positions on major CEXs will reach $869 million. Conversely, if ETH drops below $1,855, the total liquidation strength of short positions on major CEXs will reach $632 million.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Ethereum Network Activity Surges As Active Addresses Hit Multi Month High

Ethereum’s growing volumes of on-chain activity suggest that investor sentiment may be shifting or increasing. Additionally, there have been many conversations regarding how ETF inflows increase the volatility of asset prices, or how their volatility affects investor sentiment. However, Ethereum’s o

BlockChainReporter3h ago

Ethereum Approaches Cycle Low as Bitmain Indicates Violent Belief

The article explores Ethereum's potential market bottom, highlighting its correlation with past S&P 500 trends and significant institutional investment by Bitmain. Despite mixed market sentiment, historical patterns suggest possible recovery.

CryptoBreaking5h ago

Ethereum poised for 25% rally as top ETH whales return to profitability

Ethereum’s native token, Ether (ETH), may push higher in the coming months as the market’s richest whale cohort returns to profitability for the first time since early February. Fresh on-chain signals point to a potential bottoming process that could set the stage for a renewed rally, though

CryptoBreaking5h ago
Comment
0/400
Rotschildvip
· 03-02 18:03
It's almost painful to watch how shorts will be obliterated before we move way down and they kill all the longs. Wrote this few hours ago.
Reply0
Rotschildvip
· 03-02 18:03
They did it just like that!
Reply0
It'sMyTurnToTurnTheTables.vip
· 03-02 10:39
Is this market still expecting to rise? Posting this to deceive more people into buying, that's hilarious.
View OriginalReply0
It'sMyTurnToTurnTheTables.vip
· 03-02 10:38
Here comes another scammer again
View OriginalReply0