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If Ethereum drops below $4500, the mainstream CEX long liquidation pressure will reach $1.488 billion

3 hours ago

On September 14th, based on Coinglass data, if Ethereum drops below $4500, the cumulative liquidation intensity of mainstream CEXs will reach $1.488 billion. On the other hand, if Ethereum rises above $4800, the cumulative short liquidation intensity of mainstream CEXs will reach $1.566 billion. BlockBeats Note: The liquidation chart does not provide the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring liquidation clusters, that is, intensity. Therefore, the liquidation chart shows to what extent reaching a certain price level will have an impact. A higher "liquidation bar" indicates that when the price reaches that level, it will trigger a more intense reaction due to a liquidity cascade.

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