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Ethereum Approaches Historical High by 5.14%, Potential Liquidation Intensity at $1.23 Billion if ATH is Reached
Summary: According to reports, with Ethereum breaking through $4600 this morning, it is only 5.14% away from its historical high of $4868. According to Coinglass data, if Ethereum surpasses $4868, the cumulative liquidation intensity of mainstream CEX will reach $1.23 billion. Conversely, if Ethereum falls below $4500, the cumulative liquidation intensity of mainstream CEX will reach ...
According to reports, with Ethereum breaking through $4600 this morning, it is only 5.14% away from its historical high of $4868.
According to Coinglass data, if Ethereum surpasses $4868, the cumulative liquidation intensity of mainstream CEX will reach $1.23 billion.
Conversely, if Ethereum falls below $4500, the cumulative liquidation intensity of mainstream CEX will reach $1.252 billion.
Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to neighboring liquidation clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain position. Higher liquidation bars indicate that the price will have a stronger reaction due to a liquidity surge.
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Link: Ethereum Approaches Historical High by 5.14%, Potential Liquidation Intensity at $1.23 Billion if ATH is Reached [Copy]
