If Ethereum breaks $3300, mainstream CEXes' total short liquidation volume will reach 794 million.

BlockBeats News, January 5th, according to Coinglass data, if Ethereum breaks through $3300, the cumulative short liquidation strength of mainstream CEX will reach $794 million.

Conversely, if Ethereum falls below $3000, the cumulative long liquidation strength of mainstream CEX will reach $1.122 billion.

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 neighboring liquidation clusters, that is, the strength.

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