On October 2, according to Coinglass data, if Ethereum rises and breaks through $4500, the cumulative short order liquidation intensity on major CEXs will reach 1.284 billion. Conversely, if Ethereum falls below $4300, the cumulative long order liquidation intensity on major CEXs will reach 1.150 billion. BlockBeats Note: The liquidation chart does not show the exact number of contracts pending liquidation or the exact value of liquidated contracts. The bars on the liquidation chart actually display the importance of each liquidation cluster relative to nearby liquidation clusters, i.e., the 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 point, there will be a stronger reaction due to liquidity waves.
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If Ethereum breaks through 4500 USD, the cumulative short order liquidation intensity of mainstream CEX will reach 1.284 billion.
On October 2, according to Coinglass data, if Ethereum rises and breaks through $4500, the cumulative short order liquidation intensity on major CEXs will reach 1.284 billion. Conversely, if Ethereum falls below $4300, the cumulative long order liquidation intensity on major CEXs will reach 1.150 billion. BlockBeats Note: The liquidation chart does not show the exact number of contracts pending liquidation or the exact value of liquidated contracts. The bars on the liquidation chart actually display the importance of each liquidation cluster relative to nearby liquidation clusters, i.e., the 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 point, there will be a stronger reaction due to liquidity waves.