On September 4, according to Coinglass data, if Ethereum falls below $4,200, the cumulative long order liquidation intensity of mainstream CEX will reach 854 million.
On the contrary, if Ethereum breaks through $4,400, the cumulative short position liquidation intensity of mainstream CEX will reach 693 million.
BlockBeats Note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of liquidated contracts. The bars on the liquidation chart actually show the importance, or strength, of each liquidation cluster relative to its neighbors. Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain level. A higher "liquidation bar" indicates a stronger reaction to the liquidity surge at that level.
