If Ethereum breaks through $2700, the cumulative short liquidation intensity on major CEXs will reach $436 million.

BlockBeats News, on June 16, according to Coinglass data, if Ethereum breaks through $2,700, the cumulative short liquidation intensity on major CEXs will reach $436 million.

Conversely, if Ethereum falls below $2,500, the cumulative long liquidation intensity on major CEXs will reach $1.155 billion.

BlockBeats Note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of liquidated contracts. Instead, the bars on the liquidation chart represent the relative importance of each liquidation cluster compared to neighboring clusters, i.e., the intensity.

Therefore, the liquidation chart illustrates to what extent the underlying price being hit at a specific level will be impacted. A taller "liquidation bar" indicates a more intense reaction due to a liquidity wave once the price reaches that level.