Ethereum Long Liquidations to Reach $606M if Price Falls Below $1,643

Data on major cryptocurrency exchanges suggests that if Ethereum (ETH) falls below $1,643, the cumulative long liquidation volume will reach $606 million. This is according to ChainCatcher news and Coinglass data. Conversely, if ETH surpasses $1,799, the total short position liquidation intensity across major CEXs will reach $325 million.

The predictions come with a disclaimer that the content solely reflects the author's opinion and does not represent the platform in any capacity. The article is also not intended to serve as a reference for making investment decisions.