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If Ethereum breaks above $4,100, the mainstream CEX total short liquidation volume will reach $864 million.
BlockBeats News, August 8th, according to Coinglass data, if Ethereum breaks through $4100, the cumulative short liquidation intensity of mainstream CEXs will reach 864 million.
Conversely, if Ethereum drops below $3900, the cumulative long liquidation intensity of mainstream CEXs will reach 668 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., the intensity.
Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain position. A higher "liquidation bar" indicates that the price will have a more intense reaction due to a liquidity cascade.
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