BlockBeats News, September 26th, according to Coinglass data, if Ethereum rebounds above $4100, the cumulative short liquidation intensity of mainstream CEX will reach $2.649 billion.
Conversely, if Ethereum falls below $3800, the cumulative long liquidation intensity of mainstream CEX will reach $939 million.
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 reflect the importance of each liquidation cluster relative to neighboring liquidation clusters, that is, the 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 the price will have a stronger reaction due to a liquidity surge once it reaches that level.
