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If Ethereum breaks through 2900 USD, the cumulative short order liquidation intensity on mainstream CEX will reach 531 million.
According to Mars Finance news and Coinglass data, if Ethereum breaks through $2900, the cumulative short order liquidation intensity of mainstream CEX will reach $531 million. Conversely, if Ethereum falls below $2700, the cumulative long order liquidation intensity of mainstream CEX will reach $988 million. Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows the extent to which the underlying price reaching a certain position will be affected. A higher “liquidation bar” indicates that after the price reaches that point, there will be a stronger reaction due to liquidity waves.