If Ethereum Breaks $4000, Mainstream CEX Cumulative Short Liquidation Pressure Will Reach $677 Million
BlockBeats News, August 8th, according to Coinglass data, if Ethereum breaks through $4000, the cumulative short liquidation intensity of mainstream CEX will reach 677 million.
Conversely, if Ethereum falls below $3800, the cumulative long liquidation intensity of mainstream CEX will reach 1.247 billion.
BlockBeats Note: The liquidation chart does not show the exact number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually show the relative importance of each liquidation cluster to neighboring liquidation clusters, known as intensity.
Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will experience a stronger reaction due to a liquidity cascade when it reaches that point.
You may also like
Gainers
Latest Crypto News
「Ice King of Cool-Headed Orders」 Adding to Short Position, Current Short Position has a Unrealized Loss of $2.31 million
Current mainstream CEX and DEX funding rate display shows that the market remains overwhelmingly bearish.
Benson Sun: Multiple bottoming signals have been observed, and the market has fully digested the bearish expectation of MSTR being removed from the index
Yilihua: Has fully invested around $2700 in ETH, layout includes public blockchains, platform coins, and stablecoins
Port3 Network: Being Attacked Due to CATERC20 Vulnerability, Will Release a New Token to Fully Address the Issue
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]