If Ethereum falls below $2900, the total liquidation strength of long positions on mainstream CEXs will reach 874 million.

ETH2,33%

ChainCatcher reports that, according to Coinglass data, if Ethereum falls below $2900, the cumulative long liquidation intensity on major CEXs will reach 8.74 billion. Conversely, if Ethereum breaks above $3100, the cumulative short liquidation intensity on major CEXs will reach 6.46 billion.

Note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart represent the relative importance of each liquidation cluster compared to nearby clusters, i.e., the intensity. Therefore, the chart shows how much impact the price reaching a certain level might have. Higher “liquidation bars” indicate that once the price reaches that level, it will trigger a stronger reaction due to liquidity waves.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

A whale address opened 10x leveraged long positions in ETH and HYPE over the past 4 hours, with positions valued at over $30 million.

Gate News Report: On March 25, according to Onchain Lens monitoring, over the past 4 hours, a certain whale address opened 10x leverage long positions in ETH and HYPE, with current positions valued at over $30 million.

GateNews21m ago

Bitmine invests an additional $140 million in Ethereum! Tom Lee predicts that the crypto downturn will end.

Bitmine Immersion Technologies increased its holdings by 65,341 Ethereum last week, with total holdings exceeding 4.66 million ETH, valued at approximately $10 billion. The company also holds 196 Bitcoin, $200 million in equity, and $95 million in investments. Despite currently facing approximately $7 billion in unrealized losses, Ethereum is expected to rebound against the trend.

区块客31m ago

Ethereum Ecosystem Interest Rate Swap Protocol Kairos Labs Completes $2.4 Million Seed Round Funding

Ethereum Ecosystem Rate Swap Protocol Kairos Labs Completes $2.4M Seed Round Funding on March 25, Led by 6th Man Ventures with Participation from Lattice and Others. The Project Has Graduated from Alliance Accelerator and is Expected to Launch on Ethereum Mainnet and Base Network in the Near Term.

GateNews51m ago

Ethereum Spot ETF saw net outflows of $40.8003 million yesterday, marking 5 consecutive days of net outflows

On March 24, Ethereum spot ETFs recorded a total net outflow of $40.80 million, marking the fifth consecutive day of net outflows. BlackRock's Staked ETH ETF ETHB led with a net inflow of $2.18 million, ranking first with a historical cumulative net inflow of $163 million. In terms of net outflows, BlackRock's ETF ETHA saw outflows of $24.97 million, though its historical cumulative net inflow still stands at $1.187 billion. Total net assets under management reached $1.222 billion, representing 4.71% of market value share.

GateNews1h ago
Comment
0/400
No comments