CoinVoice has learned that, according to Coinglass data, if Ethereum falls below $4600, the cumulative long liquidation intensity on mainstream CEX will reach $726 million.

Conversely, if Ethereum breaks through $4800, the cumulative short liquidation intensity on mainstream CEX will reach $924 million.

CoinVoice Note: The liquidation chart does not show the exact number of contracts awaiting liquidation, or the exact value of liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows to what extent the underlying price will be affected upon reaching a certain position. A higher 'liquidation bar' indicates that after the price reaches that point, there will be a stronger reaction due to liquidity waves. [Original link]