If Ethereum falls below $2600, the mainstream CEX cumulative short liquidation pressure will reach $993 million.

On November 22nd, according to Coinglass data, in the event that Ethereum drops below $2600, the cumulative intensity of long liquidation on mainstream CEXs will reach $993 million. Conversely, if Ethereum surges above $2900, the cumulative intensity of short liquidation on mainstream CEXs will reach $1.07 billion. BlockBeats Note: The liquidation chart does not provide the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows the extent to which the target price will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that when the price reaches that level, there will be a more intense reaction due to a surge in liquidity.