If Ethereum breaks $4300, the total short liquidation on mainstream CEX will reach $2.411 billion.
BlockBeats News, August 20th, according to Coinglass data, if Ethereum breaks above $4300, the cumulative short liquidation intensity on major CEXs will reach $2.411 billion.
Conversely, if Ethereum falls below $4000, the cumulative long liquidation intensity on major CEXs will reach $1.314 billion.
BlockBeats Note: The liquidation chart does not show the exact number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring clusters, that is, intensity.
Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that once the price reaches that level, it will experience a more intense reaction due to a liquidity cascade.
You may also like
Gainers
Latest Crypto News
Jupiter Releases HumidiFi Token WET ICO Guidelines
The cryptocurrency mining company supported by the Trump family saw its stock price "halved" in 30 minutes.
Deutsche Bank: If the next Fed Chair fails to effectively address inflation risks, the US Dollar may face downward pressure
Nine-Time Winning Trader Suffers First Defeat, Closing Out Short Position with Over $1.78 Million in Losses
The U.S. Money Market Asset Size Exceeds $8 Trillion for the First Time
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]