CoinVoice has learned that, according to Coinglass data, if Ethereum falls below $3000, the cumulative long liquidation strength on major CEXs will reach 902 million. Conversely, if Ethereum breaks above $3200, the cumulative short liquidation strength on major CEXs will reach 1.125 billion. Note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart represent the relative importance of each liquidation cluster compared to nearby clusters, i.e., the intensity. Therefore, the chart shows how much the price of the underlying asset will be affected when it reaches a certain level. Higher "liquidation bars" indicate that the price will react more strongly due to liquidity waves once reached.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
CoinVoice has learned that, according to Coinglass data, if Ethereum falls below $3000, the cumulative long liquidation strength on major CEXs will reach 902 million. Conversely, if Ethereum breaks above $3200, the cumulative short liquidation strength on major CEXs will reach 1.125 billion. Note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart represent the relative importance of each liquidation cluster compared to nearby clusters, i.e., the intensity. Therefore, the chart shows how much the price of the underlying asset will be affected when it reaches a certain level. Higher "liquidation bars" indicate that the price will react more strongly due to liquidity waves once reached.