If Ethereum breaks through $4400, the total open interest liquidation on major centralized exchanges (CEX) will reach 709 million.

BlockBeats News, September 9th, according to Coinglass data, if Ethereum breaks through $4400, the cumulative short liquidation intensity of mainstream CEXes will reach $709 million.

On the other hand, if Ethereum falls below $4200, the cumulative long liquidation intensity of mainstream CEXes will reach $1.96 billion.

BlockBeats Note: The liquidation chart does not show the exact number of contracts awaiting liquidation or the exact value of contracts liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent liquidation clusters, known as 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 will have a more intense reaction due to a liquidity cascade once it reaches that point.