If Ethereum breaks $4500, the mainstream CEX total short liquidation volume will reach 1.284 billion

BlockBeats News, October 2nd, according to Coinglass data, if Ethereum rebounds above $4500, the cumulative short liquidation intensity on mainstream CEXs will reach $1.284 billion.

On the other hand, if Ethereum falls below $4300, the cumulative long liquidation intensity on mainstream CEXs will reach $1.150 billion.

BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually show the relative importance of each liquidation cluster to neighboring liquidation clusters, that is, the intensity.

Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain position. A higher "liquidation bar" indicates that the price will experience a more intense reaction due to a liquidity surge once it reaches that level.