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March 4, 2025 11:39 AM
Ethereum traders are closely watching price movements as DefiLlama data indicates that three large leveraged positions could face liquidation if ETH falls below key price levels. The most critical threshold is $1,780, where a total of $372 million could be liquidated, adding further selling pressure to the market.
With ETH currently facing volatility, a drop below these levels could trigger a cascade of liquidations, amplifying downside risk. However, if ETH holds above $1,900, traders may see a short-term stabilization.
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