If Ethereum breaks through $2100, the total liquidation strength of mainstream CEX short positions will reach 652 million.

ETH1,58%

ChainCatcher message: If Ethereum breaks above $2,100, the cumulative short liquidation strength on major CEXs will reach 652 million. Conversely, if Ethereum falls below $1,900, the cumulative long liquidation strength on major CEXs will reach 506 million.

Note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart represent the relative importance of each cluster of liquidations compared to nearby clusters, i.e., the intensity. Therefore, the chart shows how much the price would be affected if it reaches a certain level. Higher “liquidation bars” indicate that the price will trigger a stronger reaction due to liquidity waves.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Tom Lee Predicts ETH ATH at $15,000 as Ethereum Activity Hits Record Levels

Tom Lee predicts ETH ATH at $15,000 and above. Ethereum network usage activity hits record levels. This is a bullish signal, a move unseen since 2021 bull run. As the price of the pioneer crypto asset, Bitcoin (BTC), continues to try and reclaim prices above $70,000, the pioneer

CryptoNewsLand13m ago

ETH/BTC Market Outlook – Analyzing the Potential for a 0.0265 Support Retest

Crypto Market is currently experiencing extreme volatility and the need for a strategic reassessment as investors evaluate the various results of different assets in relation to each other, such as the ETH/BTC pair,

BlockChainReporter1h ago
Comment
0/400
No comments