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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Ethereum is only 5.14% away from its all-time high, and if it reaches ATH, the short order liquidation intensity will reach 1.23 billion.
On August 13, as Ethereum broke through $4600 this morning, it is only 5.14% away from its historical high of $4868. According to Coinglass data, if Ethereum breaks through $4868, the cumulative short order liquidation intensity on major CEXs will reach $1.23 billion. Conversely, if Ethereum falls below $4500, the cumulative long order liquidation intensity on major CEXs will reach $1.252 billion. BlockBeats note: The liquidation chart does not show the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart indicates how much will be affected when the underlying price reaches a certain position. A higher "liquidation bar" indicates that after the price reaches that point, it will result in a stronger reaction due to liquidity waves.