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ETH price fluctuations may lead to changes in liquidation intensity on mainstream CEXs
According to ChainCatcher, if ETH falls below $2,950, the total long liquidation strength on mainstream CEXs will reach $854 million. Conversely, if ETH breaks above $3,257, the total short liquidation strength on mainstream CEXs will reach $632 million.
Summary: A price drop below 2950 or a breakout above 3257 will trigger more market turbulence! The big move is coming!