If Ethereum breaks above $3200, the total liquidation volume of mainstream centralized exchanges (CEX) will reach $868 million.

BlockBeats News, December 13th, according to Coinglass data, if Ethereum breaks through $3200, the cumulative short liquidation intensity of mainstream CEXs will reach 868 million.

Conversely, if Ethereum falls below $3000, the cumulative long liquidation intensity of mainstream CEXs will reach 1.289 billion.

BlockBeats Note: The liquidation chart does not accurately display the exact number of contracts to be liquidated or the precise value of contracts to be liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring clusters, that is, the intensity.

Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain position. A higher "liquidation bar" indicates that the price, when reached, will experience a more intense reaction due to a liquidity surge.