Ethereum Liquidation Intensity Set to Surge Beyond $1.7 Billion if Price Dips Below $3,600
Main Idea
Ethereum faces significant liquidation risks with potential long liquidations of $1.79 billion if its price falls below $3,600, while a rise above $3,800 could trigger short liquidations of $1.186 billion.
Key Points
1. Ethereum's price below $3,600 may lead to long liquidations worth $1.79 billion.
2. A price rise above $3,800 could result in short liquidations nearing $1.186 billion.
3. Liquidation intensity reflects the comparative strength of liquidation clusters.
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