CoinVoice has learned that, according to Coinglass data, if Ethereum falls below $4500, the cumulative long order liquidation intensity of mainstream CEX will reach 1.488 billion. Conversely, if Ethereum breaks above $4800, the cumulative short order liquidation intensity of mainstream CEX will reach 1.566 billion. The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to nearby liquidation clusters, that is, the intensity. Therefore, the liquidation chart illustrates to what extent 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 wave of liquidity.

ETH-1.02%
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