If Ethereum drops below $2900, the total long liquidation volume on major CEXs will reach $630 million.
By: theblockbeats.news|2025/12/23 13:19:14
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BlockBeats News, December 23rd, according to Coinglass data, if Ethereum falls below $2900, the total long liquidation strength of major CEXs will reach $630 million.
Conversely, if Ethereum breaks above $3100, the total short liquidation strength of major CEXs will reach $918 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 represent the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., the strength.
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 generate a more intense response due to a liquidity cascade.
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