If Ethereum drops below $4400, the cumulative long liquidation intensity on major CEXs will reach 1.191 billion.

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According to Mars Finance, on August 15, based on Coinglass data, if Ethereum drops below $4400, the cumulative long liquidation intensity on major CEXs will reach 1.191 billion.
Conversely, if Ethereum breaks above $4700, the cumulative short liquidation intensity on major CEXs will reach 928 million.

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