Ethereum Price Thresholds Trigger Massive $2.1 Billion Liquidation Wave on Major CEXs
2025-07-10 07:42:12
Main Idea
Ethereum's price movements around key thresholds could trigger significant liquidations, with potential impacts on short and long positions.
Key Points
1. Ethereum surpassing $2,900 may lead to $655 million in short-seller liquidations.
2. A decline below $2,700 could trigger $1.452 billion in long-position liquidations.
3. The liquidation chart does not quantify the exact number or value of contracts liquidated.
Description
On July 10th, data from Coinglass highlights critical thresholds for Ethereum’s price movements impacting liquidation volumes on major centralized exchanges (CEXs). Should Ethereum surpass the $2,900 mark, the aggregate short
$ETH
$2929.71
+6.34%
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