If Ethereum falls below $2900, the total liquidation strength of long positions on mainstream CEXs will reach 874 million.

ChainCatcher reports that, according to Coinglass data, if Ethereum falls below $2900, the cumulative long liquidation intensity on major CEXs will reach 8.74 billion. Conversely, if Ethereum breaks above $3100, the cumulative short liquidation intensity on major CEXs will reach 6.46 billion.

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 liquidation cluster compared to nearby clusters, i.e., the intensity. Therefore, the chart shows how much impact the price reaching a certain level might have. Higher "liquidation bars" indicate that once the price reaches that level, it will trigger a stronger reaction due to liquidity waves.