According to Coinglass data cited by ChainCatcher, ETH’s price could trigger a major shift if it breaks above $2,163. A breakout at this level may lead to $1.424 billion in short liquidations across major centralized exchanges. Conversely, ETH analysis suggests that a drop below $1,958 could result in $745 million in long liquidations. Traders are closely monitoring these key levels for potential volatility.

According to ChainCatcher, data from Coinglass shows that if ETH breaks above $2,163, the total liquidation value of long positions on major CEXs will reach $1.424 billion. Conversely, if ETH falls below $1,958, the total liquidation value of short positions on major CEXs will reach $745 million.