WEEX Warns of Potential Long Liquidation on Major Exchanges

WEEX has issued a warning to investors about a potential threat to the stability of the cryptocurrency market. According to their analysis, if the price of Ethereum falls below $2,243, there will be significant long liquidation on major exchanges.

The cumulative long liquidation intensity is expected to reach $841 million, which could have far-reaching consequences for the market. This warning serves as a reminder of the importance of risk management in cryptocurrency trading.