On September 3rd, according to Coinglass data, if Ethereum breaks through $4500, the cumulative short order liquidation intensity on mainstream CEX will reach 1.316 billion. Conversely, if Ethereum falls below $4300, the cumulative long order liquidation intensity on mainstream CEX will reach 360 million. BlockBeats note: 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 nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart illustrates to what extent the underlying price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that after the price reaches that point, there will be a stronger reaction due to liquidity waves.
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If Ethereum breaks through $4500, the cumulative short order liquidation intensity of mainstream CEX will reach 1.316 billion.
On September 3rd, according to Coinglass data, if Ethereum breaks through $4500, the cumulative short order liquidation intensity on mainstream CEX will reach 1.316 billion. Conversely, if Ethereum falls below $4300, the cumulative long order liquidation intensity on mainstream CEX will reach 360 million. BlockBeats note: 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 nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart illustrates to what extent the underlying price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that after the price reaches that point, there will be a stronger reaction due to liquidity waves.