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If Ethereum drops below $4100, the cumulative long liquidation on major CEXs will reach $1.392 billion.
BlockBeats News, August 19th, according to Coinglass data, if Ethereum falls below $4100, the cumulative long liquidation strength of mainstream CEXs will reach $1.392 billion.
On the contrary, if Ethereum rises above $4400, the cumulative short liquidation strength of mainstream CEXs will reach $1.564 billion.
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 show the importance of each liquidation cluster relative to adjacent liquidation clusters, that is, the strength.
Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a more intense reaction due to the liquidity surge.
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