ETH move above $2,444 or below $2,214 could trigger $2B in liquidations across major CEXs

Ether faces potential large-scale liquidations on major centralized exchanges if it moves sharply, Coinglass data show. A break above $2,444 would trigger $985 million in long position liquidations, ChainCatcher reports. If ETH drops below $2,214, short positions worth $968 million would be liquidated across major CEXs.