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If Ethereum breaks through 4400 USD, the cumulative short order liquidation intensity of mainstream CEX will reach 1.703 billion.
On August 22, according to Coinglass data, if Ethereum breaks through $4400, the cumulative short order liquidation intensity on mainstream CEX will reach 1.703 billion. Conversely, if Ethereum falls below $4100, the cumulative long order liquidation intensity on mainstream CEX will reach 2.001 billion. BlockBeats notes: 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 illustrate the importance of each liquidation cluster relative to nearby liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows the extent to which the underlying 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 liquidity waves.