If Ethereum breaks $4400, mainstream CEX total short liquidation volume will reach $928 million
BlockBeats News, August 11th, according to Coinglass data, if Ethereum breaks through $4400, the total short liquidation strength of mainstream CEXs will reach 928 million.
Conversely, if Ethereum drops below $4200, the total long liquidation strength of mainstream CEXs will reach 705 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated 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., strength.
Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain position. A higher "liquidation bar" indicates that when the price reaches that point, a more intense reaction will occur due to a liquidity surge.
You may also like
Gainers
Latest Crypto News
Sushi CEO Announces Resignation to Become Advisor, Solidity.io Founder Alex McCurry to Take Over as CEO
Circle Issues an Additional 1 Billion USDC on the Ethereum Network
US Crypto Stocks Experience General Decline, MSTR Drops by 6.15%, BMNR Drops by 7.91%
Hats.finance has announced the gradual discontinuation of its custodial operation services, citing the market size not growing as expected and the share being eroded by AI security tools.
The Federal Reserve's interest rate cut probability in December is close to 90%, and the market will pay close attention to the "dot plot" to speculate on the interest rate trajectory through 2026.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com