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If Ethereum falls below $4500, the cumulative long order liquidation intensity of mainstream CEX will reach 1.488 billion.
On September 14, according to Coinglass data, if Ethereum falls below $4500, the cumulative long order liquidation intensity on major CEXs will reach 1.488 billion. Conversely, if Ethereum breaks above $4800, the cumulative short order liquidation intensity on major CEXs will reach 1.566 billion. BlockBeats note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby liquidation clusters, that is, intensity. Therefore, the liquidation chart shows the extent to which the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that once the price reaches that level, it will elicit a stronger reaction due to liquidity waves.