Jiang Zhuoer: There is dense liquidity accumulation around $1848 for ETH, and the probability of long liquidations is high.
Foresight News reported that Jiang Zhuoer, founder of Lebit Mining Pool, stated in a post that the liquidity brightness near $1848 on the ETH liquidation heatmap is excessively high, and liquidating these long positions is a highly probable event.
The post referenced data from CoinAnk. According to its liquidation heatmap, ETH exhibits a typical "double high-bright liquidity pool" pattern, with a lower liquidity core range at $1,840–$1,850 and a higher liquidity core range at $1,940–$1,980. The total concentrated liquidation leverage in these two ranges is approximately $418.24 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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