CoinVoice has recently learned that, according to Coinglass data, if Ethereum breaks through $4,400, the cumulative short liquidation intensity on mainstream CEXs will reach $2.072 billion. Conversely, if Ethereum falls below $4,000, the cumulative long liquidation intensity on mainstream CEXs will reach $1.202 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 show the significance of each liquidation cluster relative to neighboring liquidation clusters, that is, their intensity. Therefore, the liquidation chart illustrates the extent to which the underlying price reaching a certain level will be affected. Higher "liquidation bars" indicate that once the price is reached, there will be a stronger reaction due to liquidity waves. [Original link]