If Ethereum breaks through 4100 USD, the cumulative short liquidation intensity on mainstream CEX will reach 2.649 billion

ChainCatcher news, according to Coinglass data, if Ethereum rebounds and breaks through $4100, the cumulative short liquidation intensity on major CEXs will reach $2.649 billion. Conversely, if Ethereum drops below $3800, the cumulative long liquidation intensity on major CEXs will reach $939 million.

Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows to what extent the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that once the price reaches that level, there will be a stronger reaction due to liquidity waves.