If Ethereum breaks above $3150, the mainstream CEX cumulative short liquidation pressure will reach $542 million.

BlockBeats News, December 3rd, according to Coinglass data, if Ethereum breaks through $3150, the cumulative short liquidation intensity of mainstream CEX will reach 542 million.

Conversely, if Ethereum falls below $2950, the cumulative long liquidation intensity of mainstream CEX will reach 946 million.

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 represent the importance of each liquidation cluster relative to adjacent clusters, that is, the intensity.

Therefore, the liquidation chart shows to what extent reaching a certain price level will be affected. A higher "liquidation bar" indicates that once the price reaches that level, a stronger reaction will occur due to a liquidity surge.