If Ethereum breaks $3200, mainstream CEX cumulative short liquidation pressure will reach $533 million

BlockBeats News, January 13th, according to Coinglass data, if Ethereum breaks through $3200, the total short liquidation strength of mainstream CEX will reach 533 million.

Conversely, if Ethereum falls below $3050, the total long liquidation strength of mainstream CEX will reach 998 million.

BlockBeats Note: The liquidation chart does not display the exact number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually show the relative importance of each liquidation cluster to adjacent clusters, that is, the strength.

Therefore, the liquidation chart shows to what extent reaching a certain price level will have an impact. A higher "liquidation bar" indicates that once the price reaches that point, a more intense reaction will occur due to a liquidity surge.