If Ethereum falls below $4100, the cumulative long order liquidation intensity on mainstream CEX will reach 1.392 billion.

On August 19, according to Coinglass data, if Ether falls below $4100, the cumulative long order liquidation intensity on major CEXs will reach 1.392 billion. Conversely, if Ether breaks through $4400, the cumulative short order liquidation intensity on major CEXs will reach 1.564 billion. BlockBeats note: The liquidation chart does not show the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to nearby liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows the extent to which the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that once the price reaches that point, there will be a stronger reaction due to the liquidity wave.

ETH-4.07%
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