If Ethereum breaks through $3200, the mainstream CEX cumulative short liquidation pressure will reach 8.9 billion.

On November 19th, based on Coinglass data, if Ethereum breaks through $3200, the cumulative short liquidation intensity of mainstream CEX will amount to 890 million. Conversely, if Ethereum drops below $3000, the cumulative long liquidation intensity of mainstream CEX will reach 420 million. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring clusters, that is, intensity. Therefore, the liquidation chart shows to what extent reaching a certain price level will have an impact. A higher "liquidation bar" indicates that the price reaching that level will trigger a more pronounced reaction due to a liquidity cascade.