Data: If ETH falls below $1,508, total long liquidation intensity on major CEXs will reach $627 million

According to ChainCatcher, citing data from Coinglass, if Ethereum falls below $1,508, the cumulative liquidation intensity of long positions on major CEXs will reach $627 million. Conversely, if Ethereum breaks above $1,664, the cumulative liquidation intensity of short positions on major CEXs will reach $603 million.