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If Ethereum breaks through $4400, the cumulative short order liquidation intensity of mainstream CEX will reach 1.495 billion.
On August 12, according to Coinglass data, if Ethereum breaks through $4400, the cumulative short order liquidation intensity on mainstream CEX will reach 1.495 billion. Conversely, if Ethereum falls below $4200, the cumulative long order liquidation intensity on mainstream CEX will reach 335 million. BlockBeats note: The liquidation chart does not display the exact number of contracts pending liquidation 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, i.e., 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 once the price reaches that point, there will be a stronger reaction due to a liquidity wave.