If Ethereum breaks $2100, mainstream CEX cumulative short liquidation pressure will reach $854M

BlockBeats News, February 27th, according to Coinglass data, if Ethereum breaks through $2100, the total short liquidation intensity of mainstream CEXs will reach $854 million.

On the other hand, if Ethereum falls below $1900, the total long liquidation intensity of mainstream CEXs will be $496 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring liquidation clusters, that is, the intensity.

Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will experience a stronger reaction due to a liquidity cascade when it reaches that level.