If Ethereum drops below $4500, the mainstream CEX long liquidation pressure will reach $1.488 billion
BlockBeats News, September 14th, according to Coinglass data, if Ethereum falls below $4500, the cumulative long liquidation intensity of mainstream CEXs will reach $1.488 billion.
On the other hand, if Ethereum surpasses $4800, the cumulative short liquidation intensity of mainstream CEXs will reach $1.566 billion.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually indicate the importance of each liquidation cluster relative to neighboring liquidation 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 trigger a more intense reaction due to a liquidity cascade.
You may also like
Gainers
Latest Crypto News
Arthur Hayes: Maybe Monad Could Be the First to Fully Unlock Tokens and Challenge Ethereum and Solana
Kazakhstan's National Bank Plans to Allocate Up to $300 Million to Invest in Cryptocurrency
24-Hour Spot Funding Flow: ETH Net Outflow of $139 Million, ZEC Net Outflow of $11.58 Million
Santiment: "Buy the Dip" Strategy Fading as Ethereum Nears $3,200 Strong Resistance Zone
A trader had their $6.5M USD MON long position liquidated, resulting in a $1.9M USD loss.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]