According to ChainCatcher, the recent price fluctuations of Ethereum have attracted market attention. According to Coinglass data, if Ethereum breaks through $3,800, the short order liquidation intensity of mainstream CEX will reach $769 million. On the contrary, if it falls below $3,600, the long order liquidation intensity will reach $458 million. 📊
It should be noted that the liquidation chart does not show the exact number or value of contracts, but shows the relative importance of each liquidation cluster. A higher 'liquidation column' means that when the price reaches that position, the market may react more strongly due to changes in liquidity. 📈
Investors need to pay close attention to market dynamics in order to make wise decisions in price fluctuations. 🔍