If Ethereum drops below $4,000, the cumulative long liquidation pressure from major CEXs will reach $1.841 billion
BlockBeats News, August 20th, according to Coinglass data, if Ethereum falls below $4000, the cumulative long liquidation intensity of mainstream CEX will reach $1.841 billion.
On the other hand, if Ethereum rebounds above $4300, the cumulative short liquidation intensity of mainstream CEX will reach $1.88 billion.
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 adjacent liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain position. Higher "liquidation bars" indicate that the price will have a stronger reaction due to a liquidity cascade when it reaches that point.
You may also like
Gainers
Latest Crypto News
Wall Street Analyst Warning: This Year's "Santa Claus Rally" May Be Absent as Investors Buy More Downside Protection
The market is widely betting that Haslet will be elected the new Federal Reserve chair.
Yearn: yETH Vault Exploited in a Sophisticated Attack, Event Similar to Previous Balancer Incident
The Wise Investor invested $179,800 in PIPPIN one month ago, and now has an unrealized gain of $1,350,000.
「HYPE Listing Insider Whale」's 5x HYPE Long Position is currently at a $10.87 million unrealized loss
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]