ETH Breakout Above $1,974 Triggers $596M Long Liquidations on Major CEXs

ETH price levels dictate liquidation flows: a move above $1,974 clears $596M in longs, while a drop below $1,788 wipes out $581M in shorts on major exchanges.

Woofun AI data shows that an ETH price surge above the $1,974 threshold would trigger cumulative long position liquidations totaling $596 million across major centralized exchanges. Conversely, a breakdown below $1,788 would result in $581 million in short position liquidations on these platforms.