ChainCatcher message, according to Coinglass data, if ETH breaks through $2,971, the total liquidation strength of mainstream CEX short positions will reach $1.093 billion. Conversely, if ETH drops below $2,690, the total liquidation strength of mainstream CEX long positions will reach $416 million.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Orbiter Finance Announces New MegaETH Integration for Faster Ethereum Transactions
The new integration of MegaETH by Orbiter Finance is another step towards more efficient and faster blockchain interoperability. The update enables users to bridge assets, including Ethereum-based tokens and Tether (USDT) to MegaETH via the Orbiter platform.
New Integration with MegaETH 🐰@megaeth i
BlockChainReporter52m ago