ChainCatcher message: If Ethereum breaks above $2,100, the cumulative short liquidation strength on major CEXs will reach 652 million. Conversely, if Ethereum falls below $1,900, the cumulative long liquidation strength on major CEXs will reach 506 million.
Note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart represent the relative importance of each cluster of liquidations compared to nearby clusters, i.e., the intensity. Therefore, the chart shows how much the price would be affected if it reaches a certain level. Higher “liquidation bars” indicate that the price will trigger a stronger reaction due to liquidity waves.