Ethereum: Surpassing $2,429 could trigger up to $1.18 billion in short liquidations on major CEXs; dropping below $2,209 could trigger up to $1.01 billion in long liquidations on major CEXs.

Summary: This brief market update analyzes potential Ethereum liquidation scenarios on major centralized exchanges related to key price thresholds. Surpassing $2,429 could unleash up to $1.18 billion in short liquidations, while dropping below $2,209 could unleash up to $1.01 billion in long liquidations.