If Ethereum drops below $4300, the mainstream CEX liquidation pressure will reach $922 million.
BlockBeats News, August 26th, according to Coinglass data, if Ethereum drops below $4300, the cumulative long liquidation strength of mainstream CEXs will reach 922 million.
Conversely, if Ethereum breaks above $4600, the cumulative short liquidation strength of mainstream CEXs will reach 1.986 billion.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated 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 liquidation clusters, i.e., strength. Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a stronger reaction due to a liquidity cascade when it reaches that level.
You may also like
Gainers
Latest Crypto News
Analysis: BTC May Rebound in Q1 Next Year, Current Trend Highly Resembles 2022 Bear Market
KOL Disclosure: Last night's abnormal price plunge of SAHARA was due to its primary liquidity provider being liquidated.
Goldman Sachs: Fed Rate Cut at the upcoming December meeting is almost a done deal
In the last 24 hours, CEX net outflow was 19541.03 BTC
Current mainstream CEX and DEX funding rate data indicates that the market sentiment remains bearish
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]