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If Ethereum falls below $2600, the cumulative long liquidation pressure on major CEXs will reach $993 million.
BlockBeats News, November 22nd, according to Coinglass data, if Ethereum falls below $2600, the cumulative long liquidation intensity of mainstream CEXs will reach 993 million.
On the other hand, if Ethereum surpasses $2900, the cumulative short liquidation intensity of mainstream CEXs will reach 1070 million.
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 relative importance of each liquidation cluster to adjacent clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent reaching a certain price level will be affected. A higher "liquidation bar" indicates that the price reaching that level will elicit a stronger reaction due to a liquidity cascade.
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