If ETH falls below $1,775, the cumulative close-out amount on major CEXs may reach $552 million



According to ChainCatcher citing Coinglass data, if the price of Ethereum ETH drops to around $1,775, the cumulative open forced liquidation size of major centralized exchanges (CEX) may reach approximately $552 million.

The analysis indicates that if ETH moves further down to below $1,775, the market may trigger a round of concentrated liquidation; in particular, high-leverage long positions could face significant pressure. Conversely, if ETH can hold above $1,945 and continue rising, the related liquidation pressure would be noticeably alleviated.

Overall, the crypto market remains highly volatile, and ETH price movements have a clear impact on leveraged positions and sentiment in the derivatives market. Investors need to closely monitor changes in funding rates, open interest, and liquidation data around key price levels. #夏日创作营 #加密货币
ETH1.38%
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CanalDistrictNakamoto
· 8h ago
Won’t it go down anymore?
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MEVEngineer
· 10h ago
The 1,775 level is indeed very critical. Once it breaks down, it’s likely to spark another wave of bullish momentum—everyone, please watch the risks.
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