Data: If ETH drops below $2,945, the total long liquidation strength on mainstream CEXs will reach $705 million.

ETH-4,28%

ChainCatcher news: According to Coinglass data, if ETH breaks below $2,945, the cumulative liquidation intensity of long positions across mainstream CEXs will reach $705 million. Conversely, if ETH breaks above $3,227, the cumulative liquidation intensity of short positions across mainstream CEXs will reach $686 million.

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