If Ethereum breaks through $3,800, the cumulative short order liquidation intensity of mainstream CEX will reach 769 million
According to Coinglass data, if Ethereum breaks through $3800, the cumulative short liquidation intensity of mainstream CEX will reach 769 million. Conversely, if Ethereum falls below $3600, the cumulative long liquidation intensity of mainstream CEX will reach 458 million. It should be noted that the liquidation chart does not show the exact number of contracts waiting to be liquidated, or the exact value of contracts that have been liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows to what extent the underlying price will be affected when it reaches a certain position. Higher "liquidation bars" indicate that there will be a stronger reaction due to the liquidity wave when the price reaches that point.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP Gains Edge in ETF Race Over SOL and DOGE, Says Kaiko

Strive Pushes Intuit to Add Bitcoin to Treasury
Strive urges Intuit to hold Bitcoin in its treasury to hedge against AI-driven disruption risks.Bitcoin as a Hedge Against AI Disruption?Why Bitcoin, and Why Now?BTC in the Boardroom

JP Morgan Predicts Imminent Interest Rate Cuts
JP Morgan forecasts upcoming rate cuts, signaling a major shift in U.S. economic policy that could impact markets and crypto alike.JP Morgan Signals Upcoming Interest Rate CutsWhy Rate Cuts Matter for MarketsCrypto Could See Renewed Interest

Raydium launches Launch Lab, a token issuance platform
Trending news
MoreCrypto prices
More








