Express
If Ethereum breaks historical high, mainstream CEX cumulative short liquidation intensity to reach $2.218 billion
Summary: According to Coinglass data, if Ethereum breaks the historical high of $4868, the mainstream CEX cumulative short liquidation intensity will reach $2.218 billion. Conversely, if Ethereum falls below $4600, the mainstream CEX cumulative long liquidation intensity will reach $3.342 billion. Note: The liquidation chart does not show the exact number of contracts to be liquidated, ...
According to Coinglass data, if Ethereum breaks the historical high of $4868, the mainstream CEX cumulative short liquidation intensity will reach $2.218 billion.
Conversely, if Ethereum falls below $4600, the mainstream CEX cumulative long liquidation intensity will reach $3.342 billion.
Note: The liquidation chart does not show the exact number of contracts to be liquidated, or the exact value of the contracts to be liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to the adjacent liquidation cluster, that is, the 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 more intense reaction due to the liquidity surge.
Tags:
Link: If Ethereum breaks historical high, mainstream CEX cumulative short liquidation intensity to reach $2.218 billion [Copy]
