If Ethereum drops below $2,400, the mainstream CEX long liquidation pressure will reach 1.12 billion.
On May 11th, based on Coinglass data, if Ethereum drops below $2400, the cumulative long liquidation strength of mainstream CEXs will reach $1.12 billion. Conversely, if Ethereum surges above $2600, the cumulative short liquidation strength of mainstream CEXs will reach $818 million. BlockBeats Notes: The liquidation chart does not display 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 significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, strength. Therefore, the liquidation chart shows to what extent the target price will be influenced when it reaches a certain position. A higher "liquidation bar" indicates that when the price reaches that point, it will generate a more intense reaction due to the liquidity shock..
