If Ethereum drops below $4600, the mainstream CEX long liquidation pressure will reach $726 million
BlockBeats News, August 25th, according to Coinglass data, if Ethereum drops below $4600, the cumulative long liquidation strength of mainstream CEXs will reach 726 million.
Conversely, if Ethereum breaks above $4800, the cumulative short liquidation strength of mainstream CEXs will reach 924 million.
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 show the relative importance of each liquidation cluster to the adjacent liquidation cluster, i.e., strength. Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain position. A higher "liquidation bar" indicates that the price will have a more intense reaction due to a liquidity cascade when it reaches that level.
You may also like
Gainers
Latest Crypto News
Cysic Foundation: Airdrop Eligibility Check Tool Now Live
WSJ: Investors are Wary of a New Round of the "Crypto Winter"
Aethir Releases 12-Month Future Roadmap to Accelerate Growth in Global Enterprise AI Computing Business
24-hour Spot Funding Inflow/Outflow List: ETH Net Outflow of $126 million, ZEC Net Outflow of $18.2 million
Bloomberg: Fed Never So Split on Long Rate Strategy
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]