If Ethereum falls below $4200, the cumulative long order liquidation intensity on mainstream CEX will reach 1.553 billion.

On September 3, the Crypto Assets market continued its downward trend. According to Coinglass data, if Ethereum falls below $4200, the cumulative long order liquidation intensity on mainstream CEX will reach 1.553 billion. Conversely, if Ethereum breaks above $4400, the cumulative short order liquidation intensity on mainstream CEX will reach 940 million. BlockBeats note: The liquidation chart does not show the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the relative importance of each liquidation cluster to the nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows how much the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that once the price reaches that point, it will lead to a stronger reaction due to liquidity waves.