According to recent data from Defillama, significant liquidation events are anticipated for Ethereum as the price fluctuates around key levels. When ETH hits approximately $1,908, $1,844, and $1,780, three substantial liquidations are set to occur. Each of these liquidations could involve amounts ranging between $119 million and $127 million, underscoring the impactful nature of these price thresholds on market sentiment. This is a crucial development for traders as the liquidation levels indicate potential volatility, which could reshape current trading strategies. Investors should remain vigilant, as developments around these thresholds may influence not only Ethereum’s pricing dynamics but also broader cryptocurrency market trends.
Source: https://en.coinotag.com/breakingnews/eth-price-predictions-major-liquidations-expected-at-1908-1844-and-1780/