If Ethereum breaks above $4100, the mainstream CEX cumulative short liquidation pressure will reach $1.214 billion
BlockBeats News, October 29th, according to Coinglass data, if Ethereum breaks through $4100, the cumulative short liquidation intensity of mainstream CEX will reach 1.214 billion.
Conversely, if Ethereum falls below $3900, the cumulative long liquidation intensity of mainstream CEX will reach 0.879 billion.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually indicate the importance of each liquidation cluster relative to neighboring liquidation clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a more intense reaction due to a liquidity cascade when it reaches that level.
You may also like
Gainers
Latest Crypto News
Circle minted 1 billion USDC on the Solana network in the past 24 hours
A whale address bought 25.56 million ENA tokens in the past 4 days and still holds 5.78 million USDT to continue buying.
Crypto Fear & Greed Index Rises to 28, Exiting "Extreme Fear" Zone
A whale address has deposited 2 million U into HyperLiquid to leverage 5x long on SOL
Current mainstream CEX, DEX funding rate display shows that the market is still in a strong bearish sentiment.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com