Data: If ETH falls below $2,958, the total liquidation intensity of long positions on major CEXs will reach $1.048 billion.

According to ChainCatcher, data from Coinglass shows that if ETH falls below $2,958, the cumulative long position liquidation intensity on major CEXs will reach $1.048 billion. Conversely, if ETH breaks through $3,264, the cumulative short position liquidation intensity on major CEXs will reach $1.043 billion.