If Ethereum drops below $2300, the mainstream CEX long liquidation amount will reach $737 million
BlockBeats News, February 1st, according to Coinglass data, if Ethereum falls below $2300, the cumulative long liquidation intensity of mainstream CEX will reach 737 million.
Conversely, if Ethereum breaks through $2500, the cumulative short liquidation intensity of mainstream CEX will reach 614 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually reflect the importance of each liquidation cluster relative to adjacent liquidation clusters, that is, the intensity.
Therefore, the liquidation chart shows to what extent the asset price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a more intense reaction due to a liquidity cascade when it reaches that point.
You may also like

XRP Price Breakdown Intensifies — Can Support Mitigate the Shock?
Key Takeaways XRP has dipped below the significant $1.80 mark, continuing its downtrend. The asset is trading beneath…

Kevin Warsh Associated with Crypto Project Basis and Electric Capital
Key Takeaways Kevin Warsh, former U.S. Federal Reserve Board Governor, is associated with crypto initiatives Basis and Electric…

Mantle’s Cross-Chain Era on Solana: Onboarding the Bybit Express to Mantle Super Portal
Key Takeaways Bybit joins forces with Mantle to enhance cross-chain asset flows through the Mantle Super Portal. Mantle…

Tom Lee–Linked Bitmine Faces Over $6B in Unrealized Losses on ETH Reserve
Key Takeaways: Bitmine Immersion Technologies reports significant unrealized losses exceeding $6 billion from its Ether reserves. The firm…

JPMorgan’s Dimon Tells Coinbase’s Armstrong to Stop “Lying” About Crypto Bill
Key Takeaways: JPMorgan Chase CEO Jamie Dimon accused Coinbase CEO Brian Armstrong of misrepresenting banks’ role in opposing…

Ethereum Price Prediction: $2.5B Liquidated as ETH Slides to $2,400 – Is $2,100 Next?
Key Takeaways Over $2.5 billion worth of crypto positions have been liquidated, with Ethereum bearing the brunt of…

CZ Pushes Back on Claims Binance Triggered Historic $19B Crypto Liquidations
Key Takeaways: Changpeng Zhao, known as CZ, denies that Binance played a pivotal role in the $19 billion…

Coinbase Insider Trading Lawsuit Moves Forward Despite $2.9B Stock Sale Defense
Key Takeaways A Delaware court has allowed a shareholder lawsuit against Coinbase directors for alleged insider trading to…

Ethereum Price Prediction: Bitcoin Suffers, But $28M Boosts ETH – A Sign of the Flippening?
Key Takeaways Ethereum has experienced a significant price decline of 7.5% recently, touching $2,725, largely due to adverse…

Liquid Staking Protocol Lido Introduces stVaults to Boost Ethereum Staking Infrastructure
Key Takeaways stVaults by Lido aim to expand Ethereum’s staking by enabling custom validator configurations for developers. Linea…

qLabs Fires First Shot in Quantum Crypto Race — Can Coinbase Catch Up?
Key Takeaways The rise of quantum computing poses significant security risks to traditional blockchain systems reliant on elliptic…

Vitalik Buterin Withdraws 16,384 ETH as Ethereum Foundation Enters ‘Austerity Phase’ — What For?
Key Takeaways Vitalik Buterin has withdrawn 16,384 ETH, valued at approximately $44.5 million, from the Ethereum Foundation amid…

MillionAI on Moltbook Social, Crypto Cult Craze, Humans Kicked Out of Group Chat

No Good News, How Low Will Bitcoin Go

Navigating the Complexities of Cryptocurrency Trading
Cryptocurrency trading has surged, attracting diverse investors. Understanding market strategies and trends is crucial for success. Risk management…

What is it like to do meme Dev with Clawdbot?

These people and projects are the focus of ERC-8004

Key Market Information Discrepancy on January 30th - A Must-Read! | Alpha Morning Report
XRP Price Breakdown Intensifies — Can Support Mitigate the Shock?
Key Takeaways XRP has dipped below the significant $1.80 mark, continuing its downtrend. The asset is trading beneath…
Kevin Warsh Associated with Crypto Project Basis and Electric Capital
Key Takeaways Kevin Warsh, former U.S. Federal Reserve Board Governor, is associated with crypto initiatives Basis and Electric…
Mantle’s Cross-Chain Era on Solana: Onboarding the Bybit Express to Mantle Super Portal
Key Takeaways Bybit joins forces with Mantle to enhance cross-chain asset flows through the Mantle Super Portal. Mantle…
Tom Lee–Linked Bitmine Faces Over $6B in Unrealized Losses on ETH Reserve
Key Takeaways: Bitmine Immersion Technologies reports significant unrealized losses exceeding $6 billion from its Ether reserves. The firm…
JPMorgan’s Dimon Tells Coinbase’s Armstrong to Stop “Lying” About Crypto Bill
Key Takeaways: JPMorgan Chase CEO Jamie Dimon accused Coinbase CEO Brian Armstrong of misrepresenting banks’ role in opposing…
Ethereum Price Prediction: $2.5B Liquidated as ETH Slides to $2,400 – Is $2,100 Next?
Key Takeaways Over $2.5 billion worth of crypto positions have been liquidated, with Ethereum bearing the brunt of…