If Ethereum drops below $2300, the mainstream CEX long liquidation pressure will reach $508 million.

BlockBeats News, May 19th, according to Coinglass data, if Ethereum falls below $2300, the cumulative long liquidation intensity of mainstream CEX will reach 508 million.

On the other hand, if Ethereum breaks through $2500, the cumulative short liquidation intensity of mainstream CEX will reach 744 million.

BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to adjacent clusters, i.e., intensity.

Therefore, the liquidation chart shows to what extent the target price will be impacted when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a more intense reaction due to a liquidity cascade once it reaches that level.