BlockBeats News, February 22, according to Coinglass data, if Ethereum breaks through $2100, the total short liquidation intensity of mainstream CEX will reach $652 million.
Conversely, if Ethereum drops below $1900, the total long liquidation intensity of mainstream CEX will reach $506 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 represent the importance of each liquidation cluster relative to neighboring clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent reaching a certain price level will be affected. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense reaction due to a liquidity cascade.
