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If Ethereum breaks through $4400, the total Short Liquidation on mainstream CEX will reach $1.868 billion
BlockBeats News, September 10, according to Coinglass data, if Ethereum breaks above $4400, the cumulative short liquidation intensity on major CEXs will reach $1.868 billion.
Conversely, if Ethereum falls below $4200, the cumulative long liquidation intensity on major CEXs will reach $2.048 billion.
BlockBeats Note: The liquidation chart does not show the exact number of contracts awaiting liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent clusters, i.e., the intensity.
Therefore, the liquidation chart shows to what extent the asset price reaching a certain level will be affected. A higher "liquidation bar" indicates that the price reaching that level will have a more intense reaction due to a liquidity cascade.
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