If Ethereum drops below $4600, the total long liquidation on major CEXs will reach $2.401 billion.
BlockBeats News, August 23rd, according to Coinglass data, if Ethereum falls below $4600, the cumulative long liquidation intensity of mainstream CEXs will reach $2.401 billion.
Conversely, if Ethereum surpasses $4900, the cumulative short liquidation intensity of mainstream CEXs will reach $1.540 billion.
BlockBeats Note: The liquidation chart does not precisely show the 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 adjacent liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows to what extent the underlying price will be affected when it reaches a certain level. Higher "liquidation bars" indicate that the price, when reached, will experience a more intense reaction due to a liquidity cascade.
You may also like
Gainers
Latest Crypto News
The "1011 Insider Whale" has closed a $15 million USD ETH short position
Monad Foundation Responds to Arthur Hayes' Criticism: Sending You Some MON to Experience It Yourself
Payment company Truther will partner with Visa to launch an "Unhosted" USDT Visa Card
The HYPE first large-scale unlock has been completed, with no significant token price fluctuation.
A certain dormant Ethereum ICO address, inactive for over 10 years, has been activated, transferring 40,000 ETH.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]