BlockBeats news, on June 16, according to Coinglass data, if Ethereum breaks through $2700, the cumulative short liquidation intensity on mainstream CEX will reach 436 million.
Conversely, if Ethereum falls below $2500, the cumulative short liquidation intensity on mainstream CEX will reach 1.155 billion.
BlockBeats note: The liquidation map does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The pillars on the liquidation map actually show the importance, or intensity, of each liquidation cluster relative to nearby liquidation clusters.
Therefore, the liquidation map shows the extent to which the target price will be affected when it reaches a certain position. A higher 'liquidation pillar' indicates that once the price reaches it, there will be a stronger reaction due to a wave of liquidity.
