According to BlockBeats news on June 16, Coinglass data shows that if Ethereum breaks through $2700, the cumulative short order liquidation intensity on mainstream CEX will reach 436 million. Conversely, if Ethereum falls below $2500, the cumulative short order liquidation intensity on mainstream CEX will reach 1.155 billion. BlockBeats notes: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart illustrates to what extent the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that when the price reaches that point, there will be a stronger reaction due to the liquidity wave.
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If Ethereum breaks through $2700, the cumulative short order liquidation intensity on mainstream CEX will reach 436 million.
According to BlockBeats news on June 16, Coinglass data shows that if Ethereum breaks through $2700, the cumulative short order liquidation intensity on mainstream CEX will reach 436 million. Conversely, if Ethereum falls below $2500, the cumulative short order liquidation intensity on mainstream CEX will reach 1.155 billion. BlockBeats notes: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart illustrates to what extent the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that when the price reaches that point, there will be a stronger reaction due to the liquidity wave.