If Ethereum breaks through $4500, the mainstream CEX cumulative short liquidation intensity will reach 879 million.
BlockBeats News, September 1st, according to Coinglass data, if Ethereum breaks through $4,500, the cumulative short liquidation intensity of mainstream CEX will reach 879 million.
Conversely, if Ethereum falls below $4,300, the cumulative long liquidation intensity of mainstream CEX will reach 620 million.
BlockBeats Note: The liquidation chart does not display the exact number of contracts awaiting liquidation, or the exact value of contracts being liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to adjacent clusters, that is, the intensity.
Therefore, the liquidation chart shows to what extent reaching a certain price level will have an impact. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense response due to a liquidity cascade.
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