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If Ethereum breaks through $3200, the mainstream CEX cumulative short liquidation pressure will reach 8.9 billion.
BlockBeats News, November 19th, according to Coinglass data, if Ethereum breaks through $3200, the cumulative short liquidation intensity of mainstream CEX will reach 890 million.
Conversely, if Ethereum falls below $3000, the cumulative long liquidation intensity of mainstream CEX will reach 420 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the precise value of contracts to be liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent reaching a certain price level will impact. A higher "liquidation bar" indicates that the price reaching that level will have a more pronounced reaction due to a liquidity cascade.
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