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If Ethereum breaks above $4500, the mainstream CEX cumulative short liquidation pressure will reach $1.316 billion.
BlockBeats News, September 3rd, according to Coinglass data, if Ethereum breaks above $4500, the total short liquidation intensity on mainstream CEXs will reach $1.316 billion.
Conversely, if Ethereum falls below $4300, the total long liquidation intensity on mainstream CEXs will reach $0.36 billion.
BlockBeats Note: The liquidation chart does not display 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 adjacent clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent reaching a certain price level will have an impact. A higher "liquidation bar" indicates that the price reaching that level will generate a more intense reaction due to a liquidity cascade.
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