ETH move above $1,954 could trigger $611 million in short liquidations

Ether is approaching two price levels that could trigger sizable forced unwinds on major CEXs (centralized exchanges). Coinglass data cited by ChainCatcher show that if ETH rises above $1,954, cumulative short liquidation intensity would reach $611 million. If ETH falls below $1,780 instead, cumulative long liquidation intensity would reach $499 million.