If Ethereum rebounds above $3,600, the cumulative short liquidation pressure on major CEXs will reach $807 million.
BlockBeats News, November 4th, according to Coinglass data, if Ethereum rises above $3600, the cumulative short liquidation intensity of mainstream CEX will reach $807 million.
Conversely, if Ethereum falls below $3400, the cumulative long liquidation intensity of mainstream CEX will reach $564 million.
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 represent the importance of each liquidation cluster relative to neighboring liquidation clusters, i.e., intensity.
Therefore, the liquidation chart shows at what level of the underlying asset price certain impacts will be felt.
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