If Ethereum breaks through 2900 USD, the cumulative short order liquidation intensity of mainstream CEX will reach 1.31 billion.

On June 11, according to Coinglass data, if Ethereum breaks through $2900, the cumulative short order liquidation intensity on mainstream CEX will reach 1.31 billion. Conversely, if Ethereum falls below $2700, the cumulative long order liquidation intensity on mainstream CEX will reach 1.28 billion. BlockBeats note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain position. A higher "liquidation bar" indicates that once the price reaches that point, it will cause a stronger reaction due to a liquidity wave.

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