On December 7, according to Coinglass data, if Ethereum breaks through $3,100, the cumulative short liquidation intensity on major CEXs will reach $565 million. Conversely, if Ethereum falls below $3,000, the cumulative long liquidation intensity on major CEXs will reach $471 million. BlockBeats note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart represent the relative importance—or intensity—of each liquidation cluster compared to adjacent clusters. Therefore, the liquidation chart shows the potential impact if the underlying price reaches a certain level. A higher “liquidation bar” indicates a stronger reaction due to a wave of liquidity if the price reaches that level.
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If Ethereum breaks through $3,100, the cumulative short liquidation intensity on major CEXs will reach $565 million.
On December 7, according to Coinglass data, if Ethereum breaks through $3,100, the cumulative short liquidation intensity on major CEXs will reach $565 million. Conversely, if Ethereum falls below $3,000, the cumulative long liquidation intensity on major CEXs will reach $471 million. BlockBeats note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart represent the relative importance—or intensity—of each liquidation cluster compared to adjacent clusters. Therefore, the liquidation chart shows the potential impact if the underlying price reaches a certain level. A higher “liquidation bar” indicates a stronger reaction due to a wave of liquidity if the price reaches that level.