On September 4th, according to Coinglass data, if Ethereum falls below $4200, the cumulative long order liquidation intensity on mainstream CEX will reach 854 million. Conversely, if Ethereum breaks above $4400, the cumulative short order liquidation intensity on mainstream CEX will reach 693 million. BlockBeats note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to the nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows to what extent the underlying price reaching a certain level will be affected. A higher "liquidation bar" indicates that after the price reaches that point, there will be a stronger reaction due to liquidity waves.
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If Ethereum falls below 4200 USD, the cumulative long order liquidation intensity on mainstream CEX will reach 854 million.
On September 4th, according to Coinglass data, if Ethereum falls below $4200, the cumulative long order liquidation intensity on mainstream CEX will reach 854 million. Conversely, if Ethereum breaks above $4400, the cumulative short order liquidation intensity on mainstream CEX will reach 693 million. BlockBeats note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to the nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows to what extent the underlying price reaching a certain level will be affected. A higher "liquidation bar" indicates that after the price reaches that point, there will be a stronger reaction due to liquidity waves.