If Ethereum breaks $4400, the mainstream CEX cumulative short liquidation volume will reach $1.703 billion

BlockBeats News, August 22, according to Coinglass data, if Ethereum breaks through $4400, the total short liquidation strength of mainstream CEXs will reach $1.703 billion.

Conversely, if Ethereum falls below $4100, the total long liquidation strength of mainstream CEXs will reach $2.001 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 relative importance of each liquidation cluster to neighboring clusters, i.e., strength.

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.