If Ethereum surpasses the $3200 mark, the cumulative short liquidation pressure across mainstream centralized exchanges (CEX) is projected to reach $8.9 billion. This significant threshold indicates a potential shift in market dynamics, as traders may face increased pressure to cover their short positions. The implications of such a liquidation could affect market stability and investor sentiment. Analysts are closely monitoring Ethereum’s price movements, as a breakout above this level could trigger further volatility in the cryptocurrency market.
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Last updated on November 19th, 2025 at 07:56 am
