🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
🎁 Prize pool over $10,000! Win Huawei Mate Tri-fold Phone, F1 Red Bull Racing Car Model, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=12
How to earn Growth Points fast?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
100% chance to win — prizes guaranteed! Come and draw now!
Event ends: August 9, 16:00 UTC
More details: https://www
Latest market data shows that potential fluctuations in the price of Ether could trigger large-scale liquidation events. According to analyses from authoritative crypto assets data platforms, if the price of Ethereum breaks through the key threshold of $3900, short positions on major centralized exchanges (CEX) could face liquidation pressure of up to $740 million.
On the contrary, if the price of Ethereum falls below the support level of $3700, bullish investors will face greater risks, with the potential liquidation amount reaching an astonishing $1.528 billion. This data highlights the current market's high volatility and risk.
Market analysts point out that the data in the liquidation chart reflects the potential impact of price changes on market liquidity. The height of the liquidation bar directly reflects the intensity of the market's response after a price change; the taller the bar, the more severe the liquidity response at the corresponding price point.
This phenomenon has raised concerns about the stability of the crypto assets market. Traders and investors need to closely monitor the price trends of Ethereum and manage risks effectively. At the same time, it also provides potential trading opportunities for market participants, but caution is advised, and risks should be fully assessed.
As the crypto assets market continues to evolve, similar price-sensitive points and potential large-scale liquidation events may occur more frequently. Market participants need to stay vigilant, enhance their risk awareness, and adapt to this highly volatile market environment.