BlockBeats News, on August 11, according to Coinglass data, if Ethereum breaks through $4400, the cumulative short liquidation intensity on major CEXs will reach 928 million.
Conversely, if Ethereum falls below $4200, the cumulative long liquidation intensity on major CEXs will reach 705 million.
BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated, or the exact value of contracts that have been liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to nearby liquidation clusters, that is, their strength.
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, it will react more strongly due to a wave of liquidity.
