3 altcoins at risk of major liquidations in the first week of September

Ethereum’s liquidation data shows heavy short positions at risk above 4,925 USD, with over 6 billion USD potentially liquidated. Conversely, a drop below 4,000 USD could lead to liquidating 3.96 billion USD in long positions.

XRP may face over 500 million USD in short liquidations if it hits 3 USD. While long positions remain stable above 2.42 USD, the market sentiment leans towards downward pressure.

The Pyth Network risks 9 million USD in liquidations if the price declines to 0.15 USD. Following recent positive news, a rise to 2 USD could lead to 10 million USD worth of short liquidations.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts