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If Ethereum breaks above $4400, the total short liquidation volume on major CEXs will reach $1.24 billion.
BlockBeats News, August 10th, according to Coinglass data, if Ethereum breaks through $4400, the cumulative short liquidation intensity of mainstream CEXs will reach 1.24 billion.
Conversely, if Ethereum falls below $4100, the cumulative long liquidation intensity of mainstream CEXs will be 3.257 billion.
BlockBeats Note: The liquidation chart does not accurately show the exact number of contracts to be liquidated or the exact value of contracts being 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 reaching a certain price level will have an impact. A higher "liquidation bar" indicates that when the price reaches that point, a more intense reaction will occur due to a liquidity cascade.
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