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If Ethereum surpasses $4550, the mainstream CEX total liquidation volume will reach $1.59 billion

4 hours ago

On September 11th, according to Coinglass data, if Ethereum surpasses $4550, the cumulative short liquidation intensity on major CEXs will amount to $1.59 billion. In contrast, if Ethereum drops below $4350, the cumulative long liquidation intensity on major CEXs will reach $1.014 billion. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent clusters, that is, intensity. Consequently, the liquidation chart shows the extent to which reaching a certain price level will have an impact. Higher "liquidation bars" indicate that when the price reaches that level, it will trigger a more intense reaction due to a liquidity cascade.
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