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If Ethereum falls below $3200, mainstream CEX liquidation intensity will reach $802 million
Summary: According to Coinglass data, if Ethereum falls below $3200, mainstream CEX liquidation intensity will reach $802 million. On the other hand, if Ethereum surpasses $3400, mainstream CEX liquidation intensity will reach $1.011 billion. Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to ...
According to Coinglass data, if Ethereum falls below $3200, mainstream CEX liquidation intensity will reach $802 million.
On the other hand, if Ethereum surpasses $3400, mainstream CEX liquidation intensity will reach $1.011 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 represent the importance of each liquidation cluster relative to adjacent liquidation clusters, that is, 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 the liquidity surge.
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Link: If Ethereum falls below $3200, mainstream CEX liquidation intensity will reach $802 million [Copy]