If Ethereum breaks $3,200, the mainstream CEX cumulative short liquidation pressure will reach $825 million.

BlockBeats News, December 15th, according to Coinglass data, if Ethereum breaks above $3200, the cumulative short liquidation intensity on mainstream CEXs will reach 825 million.

Conversely, if Ethereum drops below $3000, the cumulative long liquidation intensity on mainstream CEXs will reach 865 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 show the importance of each liquidation cluster relative to adjacent clusters, that is, the intensity.

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