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If Ethereum falls below 4400 USD, the cumulative long order liquidation intensity of mainstream CEX will reach 1.2 billion.
On September 15, according to Coinglass data, if Ethereum falls below $4400, the cumulative long order liquidation intensity on major CEXs will reach 1.2 billion. Conversely, if Ethereum breaks above $4600, the cumulative short order liquidation intensity on major CEXs will reach 1.162 billion. Note from BlockBeats: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of the liquidated contracts. The bars on the liquidation chart actually show the significance of each liquidation cluster relative to nearby liquidation clusters, i.e., the intensity. Therefore, the liquidation chart illustrates to what extent the underlying price reaching a certain position will be affected. Higher "liquidation bars" indicate that once the price reaches that point, there will be a stronger reaction due to waves of liquidity.