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If Ethereum breaks through $4000, the cumulative short order liquidation intensity of mainstream CEX will reach 979 million.
On July 28, according to Coinglass data, if Ethereum breaks through $4000, the cumulative short order liquidation intensity on mainstream CEX will reach 979 million. Conversely, if Ethereum falls below $3800, the cumulative long order liquidation intensity on mainstream CEX will reach 917 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 indicates the extent to which the underlying price reaching a certain position will be affected. A higher "liquidation bar" means that once the price reaches that point, it will react more strongly due to a liquidity wave.