Data: If Ethereum falls below $4300, the cumulative long liquidation intensity on mainstream CEX will reach 911 million

ChainCatcher news, according to Coinglass data, if Ethereum falls below $4300, the cumulative long liquidation intensity on major CEXs will reach $911 million. Conversely, if Ethereum breaks above $4500, the cumulative short liquidation intensity on major CEXs will reach $661 million.

Note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually show the relative importance of each liquidation cluster to the nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart demonstrates 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 liquidity wave.