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If Ethereum breaks above $4500, the mainstream CEX cumulative short liquidation pressure will reach 1.395 billion.
BlockBeats News, September 5th, according to Coinglass data, if Ethereum breaks through $4500, the total liquidation intensity of mainstream CEX short positions will reach $1.395 billion.
On the other hand, if Ethereum falls below $4300, the total liquidation intensity of mainstream CEX long positions will reach $0.712 billion.
BlockBeats Note: The liquidation chart does not show the exact number of contracts awaiting 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 neighboring clusters, that is, the intensity.
Therefore, the liquidation chart shows to what extent reaching a certain price level will have an impact. A higher "liquidation bar" indicates that reaching that price will lead to a stronger reaction due to a liquidity cascade.
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