If Ethereum falls below $2900, the total liquidation strength of long positions on mainstream CEXs will reach 874 million.

ETH0,95%

ChainCatcher reports that, according to Coinglass data, if Ethereum falls below $2900, the cumulative long liquidation intensity on major CEXs will reach 8.74 billion. Conversely, if Ethereum breaks above $3100, the cumulative short liquidation intensity on major CEXs will reach 6.46 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 impact the price reaching a certain level might have. Higher “liquidation bars” indicate that once the price reaches that level, it will trigger a stronger reaction due to liquidity waves.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Altcoins' Appeal Fades! BlackRock: AI Compute-Native Currency Thesis Will Drive Next Bull Market

BlackRock's Head of Digital Assets, Robbie Mitchnick, stated that the cryptocurrency market is consolidating around a few mainstream tokens, mainly because many altcoins lack long-term value. He believes that the symbiotic relationship between AI and cryptocurrencies will drive future bull markets, especially as Bitcoin miners shift toward AI businesses, highlighting the potential synergy between the two.

MarketWhisper8m ago

7 new wallets withdrew 74,959 ETH from a certain CEX within 16 hours, valued at approximately $161.3 million

Gate News: On March 25, according to Onchain Lens monitoring, within the past 16 hours, 7 newly created wallet addresses withdrew a combined total of 74,959 ETH from a certain CEX, valued at approximately $161.3 million. These assets were subsequently transferred to other wallet addresses.

GateNews25m ago

21Shares: The Era of Active Management in Cryptocurrency ETFs Begins, Staking Yields as the New Engine

As the market matures, cryptocurrency ETFs and ETPs will shift from passive to active management. 21Shares President Duncan Moir emphasized that active management can effectively identify opportunities, control risks, and provide adaptability to different market needs. Additionally, staking yields have become a core feature in the evolution of crypto ETFs, allowing investors to generate returns by locking up assets. The company utilizes a three-dimensional assessment framework to launch new products and has successfully introduced an ETP combining Bitcoin and gold, demonstrating the potential of active management.

MarketWhisper32m ago
Comment
0/400
No comments