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If Ethereum breaks above $4400, the total short liquidation volume on major CEXs will reach $1.312 billion.
BlockBeats News, September 7th, according to Coinglass data, if Ethereum breaks through $4400, the cumulative short liquidation intensity of mainstream CEX will reach $1.312 billion.
Conversely, if Ethereum falls below $4200, the cumulative long liquidation intensity of mainstream CEX will reach $1.227 billion.
BlockBeats Note: The liquidation chart does not precisely display the 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 the adjacent liquidation 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, when reached, will have a more intense reaction due to a liquidity cascade.
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