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If Ethereum Breaks $3300, Mainstream CEX Cumulative Short Liquidation Pressure Will Reach $809M

5 days ago

On January 6, per Coinglass data, Ethereum’s total short liquidation strength across mainstream centralized exchanges (CEXs) will hit $809 million if the token breaks above $3,300. Conversely, if Ethereum falls below $3,150, the total long liquidation strength on these mainstream CEXs will reach $1.053 billion. BlockBeats Note: Liquidation charts do not show the exact number of contracts to be liquidated or their precise value. Instead, the bars on these charts reflect the relative importance of each liquidation cluster compared to adjacent clusters — meaning "strength." As such, the charts indicate how sharply a target price will react when it hits a specific level. A taller "liquidation bar" signals a stronger price response to a liquidity cascade upon reaching that threshold.
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