Ethereum long liquidation
Ethereum’s price falling below $3,700 would trigger significant long liquidations on centralized exchanges, resulting in a cumulative intensity of $722 million. This potential scenario highlights the risks associated with leveraged positions in the cryptocurrency market. Traders utilizing long positions may face heightened pressure if the price dips below this critical threshold. The cumulative liquidation intensity indicates the potential impact on market dynamics and trader sentiment. Such a significant amount could lead to increased volatility as positions are liquidated.
