Ethereum's price fluctuations are poised to impact liquidation levels on major centralized exchanges. According to ChainCatcher, data from Coinglass indicates that if Ethereum surpasses $2,453, the cumulative liquidation intensity for short positions on mainstream centralized exchanges will reach $754 million. Conversely, if Ethereum falls below $2,220, the cumulative liquidation intensity for long positions will amount to $481 million.