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If Ethereum breaks above $3200, the mainstream CEX total short liquidation volume will reach 825 million.
BlockBeats News, December 15th, according to Coinglass data, if Ethereum breaks through $3200, the total short liquidation strength of mainstream CEX will reach $825 million.
Conversely, if Ethereum falls below $3000, the total long liquidation strength of mainstream CEX will reach $865 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to the adjacent clusters, i.e., the strength.
Therefore, the liquidation chart shows to what extent the target price reaching a certain level will be affected. A higher "liquidation bar" indicates that the price will have a stronger reaction due to a liquidity cascade when it reaches that level.
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