ETH price drop below $1,975 may trigger $932M in long liquidations on major CEXs

ETH could face about $932 million in long position liquidations on major centralized exchanges if its price slides below $1,975, according to data from Coinglass cited by ChainCatcher. The same data shows that a move above $2,180 would put an estimated $496 million in short positions on major CEXs at risk of liquidation.