Ethereum price fluctuation may trigger massive contract liquidation, with both long and short positions facing risks.

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[Block Rhythm] On July 21, according to data from the data platform, if Ethereum breaks through 3900 USD, the cumulative short order liquidation intensity on mainstream trading platforms will reach 1.562 billion.

On the contrary, if Ethereum falls below 3700 dollars, the cumulative long order liquidation intensity on mainstream trading platforms will reach 1.095 billion.

Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance, or intensity, of each liquidation cluster relative to nearby liquidation clusters.

Therefore, the liquidation chart shows to what extent the underlying price will be affected when it reaches a certain level. A higher "liquidation column" indicates that there will be a stronger reaction due to the liquidity wave once the price reaches that point.

ETH-5.35%
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FloorSweepervip
· 07-24 03:12
lmao weak hands about to get rekt both ways
Reply0
SmartMoneyWalletvip
· 07-23 23:14
Are these retail investors looking for their own dead end again? The source of funds has long been filled with the traces of the market maker's short orders.
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ser_we_are_ngmivip
· 07-23 19:40
suckers play people for suckers
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CantAffordPancakevip
· 07-23 16:16
It's another All in day, let's see who explodes first.
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NftBankruptcyClubvip
· 07-21 06:59
This time it's really going bankrupt.
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GateUser-cff9c776vip
· 07-21 06:52
Schrodinger's bull and bear market.
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SelfStakingvip
· 07-21 06:47
It's time to fry squid again.
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ShamedApeSellervip
· 07-21 06:38
Buying the dip only to miss out~ still want to watch the show more.
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TokenSherpavip
· 07-21 06:36
let me break this down... historically speaking, markets exhibit 73.8% higher liquidation volumes during major resistance tests
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