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If Ethereum breaks above $4400, the mainstream CEX cumulative short liquidation pressure will reach $2.072 billion.
BlockBeats News, August 22, according to Coinglass data, if Ethereum breaks through $4400, the total short liquidation intensity on mainstream CEX will reach $2.072 billion.
Conversely, if Ethereum falls below $4000, the total long liquidation intensity on mainstream CEX will reach $1.202 billion.
BlockBeats Note: The liquidation chart does not 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 nearby liquidation clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price, when reached, will experience a more intense reaction due to a liquidity cascade.
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