If Ethereum breaks above $4400, the mainstream CEX total short liquidation volume will reach $1.495 billion

BlockBeats News, August 12th, according to Coinglass data, if Ethereum breaks through $4400, the cumulative short liquidation intensity of mainstream CEXs will reach $1.495 billion.

Conversely, if Ethereum falls below $4200, the cumulative long liquidation intensity of mainstream CEXs will reach $335 million.

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

Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price, when reached, will have a more intense reaction due to a liquidity surge.