If Ethereum breaks $3900, the mainstream CEX cumulative short liquidation pressure will reach 740 million.

BlockBeats News, July 27th, according to Coinglass data, if Ethereum breaks above $3900, the cumulative short liquidation intensity of mainstream CEXs will reach 740 million.

Conversely, if Ethereum falls below $3700, the cumulative long liquidation intensity of mainstream CEXs will reach 1.528 billion.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually show the relative importance of each liquidation cluster to the adjacent liquidation cluster, i.e., intensity.

Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain position. A higher "liquidation bar" indicates that the price, when reached, will experience a more intense reaction due to a liquidity cascade.