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If Ethereum breaks above $3100, the mainstream CEX cumulative short liquidation pressure will reach $9.05 billion.
BlockBeats News, November 29th, according to Coinglass data, if Ethereum breaks through $3100, the cumulative short liquidation intensity of mainstream CEXs will reach $905 million.
Conversely, if Ethereum falls below $2900, the cumulative long liquidation intensity of mainstream CEXs will reach $674 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 importance of each liquidation cluster relative to adjacent liquidation clusters, that is, the intensity.
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, when reached, will generate a stronger reaction due to a liquidity surge.
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