BlockBeats News, October 20th, according to Coinglass data, if Ethereum breaks through $4200, the cumulative short liquidation intensity of mainstream CEX will reach 835 million.
Conversely, if Ethereum falls below $3900, the cumulative long liquidation intensity of mainstream CEX will reach 762 million.
BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the relative importance of each liquidation cluster to neighboring liquidation clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent reaching a certain price level will impact. Higher “liquidation bars” indicate that once the price reaches that point, a more intense reaction will occur due to a liquidity surge.
