Binance News
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Ethereum price fluctuations may lead to changes in the liquidation intensity of mainstream CEXs
According to BlockBeats, Coinglass data from August 20th showed that if Ethereum falls below $4,000, the cumulative long order liquidation intensity on major CEXs would reach 1.223 billion. If Ethereum rebounds above $4,300, the cumulative short order liquidation intensity on major CEXs would reach 1.336 billion. The liquidation chart shows the impact of a certain price level on the underlying asset. A higher liquidation bar indicates a stronger reaction to the liquidity surge after the price reaches that level.
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