I just noticed that ETH is approaching the $2,100 mark, and according to data from market tracking sources, if it breaks this level, the liquidation intensity of short positions on CEXs will reach $896 million. Conversely, if it drops below $1,900, the liquidation of long positions will be around $650 million. Quite tense, isn't it?



The interesting thing is that the liquidation chart on CEX not only shows absolute numbers but also displays the "concentration" level of liquidation orders at different price levels. The taller bars on the chart mean that when the price hits those levels, the liquidity waves will be stronger. So now I’m also paying attention to whether ETH will break through these levels, because it will determine the next level of volatility.
ETH-3.14%
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