ChainCatcher News, according to Coinglass data, if Ethereum breaks through $3300, the total liquidation strength of mainstream CEX short positions will reach 809 million. Conversely, if Ethereum falls below $3150, the total liquidation strength of mainstream CEX long positions will reach 1.053 billion.
Note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart represent the relative importance of each liquidation cluster compared to nearby clusters, i.e., the intensity. Therefore, the chart shows how much the price will be affected when it reaches a certain level. Higher “liquidation bars” indicate that the price will trigger a stronger reaction due to liquidity waves.
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