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If Ethereum breaks through $4300, the mainstream CEX cumulative short liquidation pressure will reach 517 million.

4 hours ago

On October 27th, according to Coinglass data, in the event that Ethereum surmounts $4300, the cumulative short liquidation intensity on major CEXs will amount to $517 million. Conversely, if Ethereum drops below $4100, the cumulative long liquidation intensity on major CEXs will reach $922 million. BlockBeats Notes: The liquidation chart does not display the precise number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart indicates to what degree the price of the underlying asset will be influenced when it attains a certain level. A higher "liquidation bar" implies that the price will undergo a more intense reaction due to a liquidity avalanche when it reaches that particular point.
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