If Ethereum drops below $1800, mainstream CEX long liquidation pressure will reach $769 million

BlockBeats News, February 13th, according to Coinglass data, if Ethereum falls below $1800, the cumulative long liquidation intensity of mainstream CEXs will reach $769 million.

On the other hand, if Ethereum breaks above $2100, the cumulative short liquidation intensity of mainstream CEXs will reach $1.005 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 adjacent liquidation clusters, that is, 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 will have a more intense reaction due to a liquidity cascade.