BlockBeats News, September 22nd, according to Coinglass data, if Ethereum falls below $4100, the cumulative long liquidation intensity on mainstream CEXs will reach $1.003 billion.
Conversely, if Ethereum breaks above $4300, the cumulative short liquidation intensity on mainstream CEXs will reach $1.429 billion.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent the target price reaching a certain position will be affected. A higher “liquidation bar” indicates that once the price reaches that point, a more intense reaction will occur due to a liquidity cascade.
