Ethereum price volatility could trigger hundreds of millions of dollars in liquidations

According to BlockBeats, on July 23, according to Coinglass data, based on the current mainstream CEX contract positions, if Ethereum breaks through $3,600, it is estimated that $443 million in short orders will be liquidated.

If Ethereum falls to around $3,400, it is expected that $710 million in long orders will be liquidated.