Based on the latest on-chain data feedback, Ethereum's price fluctuations could trigger a significant wave of liquidations.



According to exchange data from Coinglass, the situation is as follows — if ETH can break through the $3260 level, those short positions on mainstream CEX platforms will face a liquidation pressure of $1.472 billion. Conversely, if ETH falls below the $2953 support level, longs will endure a liquidation impact of $1.103 billion.

The liquidation scales in both directions are substantial, indicating that both long and short positions have accumulated quite a few holdings in the current market. Whether it breaks upward or downward, a chain reaction could be triggered. For traders, these price levels are indeed worth marking as important risk reference points.
ETH-1,62%
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RugDocScientistvip
· 01-11 12:54
3260 and 2953, both positions need to be closely watched; otherwise, getting squeezed could leave you clueless about what's happening.
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RugPullProphetvip
· 01-11 02:35
Damn, we really need to keep a close eye on these two levels at 3260 and 2953, or else we'll get trapped in no time.
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TheMemefathervip
· 01-09 01:55
Both points 3260 and 2953 really need to be watched closely; it feels like both the bears and the bulls are risking everything.
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MentalWealthHarvestervip
· 01-09 01:55
3260 and 2953, neither of them can be touched, haha.
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AirdropFatiguevip
· 01-09 01:50
These two points, 3260 and 2953, really can't hold anymore. The double-sided liquidation is so large... Let's wait and see who gets smashed out first.
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AirdropBuffetvip
· 01-09 01:49
Damn, both of these positions are traps. Both bulls and bears are going to lose a lot of people.
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BearMarketMonkvip
· 01-09 01:39
3260 and 2953, these two levels must be watched closely. One moment of carelessness could lead to a major liquidation.
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GraphGuruvip
· 01-09 01:37
Here we go again with this set? 3260 and 2953, I bet these two prices will test repeatedly more than ten times.
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