BlockBeats News, September 30th, according to Coinglass data, if Ethereum rises above $4300, the cumulative short liquidation intensity on mainstream CEXs will reach $901 million.
On the other hand, if Ethereum falls below $4100, the cumulative long liquidation intensity on mainstream CEXs will reach $1.066 billion.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to neighboring liquidation clusters, i.e., the intensity.
Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain position. A higher "liquidation bar" indicates that the price will have a more intense reaction due to a liquidity cascade when it reaches that point.