CoinVoice has recently learned that, according to Coinglass data, if Ethereum falls below $4000, the cumulative long liquidation intensity of mainstream CEX will reach 1.223 billion. Conversely, if Ethereum rebounds and breaks above $4300, the cumulative short liquidation intensity of mainstream CEX will reach 1.336 billion. The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the relative importance of each liquidation cluster to the nearest liquidation cluster, i.e., intensity. Therefore, the liquidation chart shows the extent to which a certain price level will be affected. A higher "liquidation bar" indicates that once the price reaches that level, there will be a stronger reaction due to liquidity waves. [Original link]