ETH BELOW $1,923 = LONG LIQUIDATION OVER $1 BILLION — DEBT BOMB READY TO EXPLODE 💣📉
Coinglass data: if ETH drops below $1,923, long positions on major CEX exchanges will be liquidated totaling $1.055 billion. A massive number. 🩸
Conversely, if ETH exceeds $2,113, the short liquidation will only be $245 million — a difference of 4 times. Clearly, the long side is taking on much greater risk. ⚖️
The range of $1,923 - $2,113 is the decisive battlefield. Breaking below = a domino effect of liquidations, breaking above = short squeeze but much lighter. ⚡
Will ETH hold $1,923 or will the $1 billion liquidation bomb explode? 🤔
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