ETH Move Above $2,048 or Below $1,855 Could Trigger Over $1.5B in Liquidations on Major CEXs

ETH could trigger $869 million in liquidations on major centralized exchanges if its price climbs above $2,048, Coinglass data cited by ChainCatcher show. A drop below $1,855 would result in $632 million in liquidations of short positions across these platforms, the data show.