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If Ethereum falls below $4000, the cumulative long order liquidation intensity of mainstream CEX will reach 451 million.
On September 25, according to Coinglass data, if Ethereum falls below $4000, the cumulative long order liquidation intensity on mainstream CEX will reach 451 million. Conversely, if Ethereum breaks above $4200, the cumulative short order liquidation intensity on mainstream CEX will reach 1.079 billion. Note from BlockBeats: 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 show the significance of each liquidation cluster relative to nearby liquidation clusters, i.e., 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 point, there will be a stronger reaction due to liquidity waves.