If Ethereum breaks above $4400, the total short liquidation volume on major CEXs will reach 1.312 billion.

BlockBeats News, September 7th, according to Coinglass data, if Ethereum breaks through $4400, the cumulative short liquidation intensity of mainstream CEXs will reach $1.312 billion.

Conversely, if Ethereum falls below $4200, the cumulative long liquidation intensity of mainstream CEXs will reach $1.227 billion.

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

Therefore, the liquidation chart shows to what extent reaching a certain price level will have an impact. A higher "liquidation bar" indicates that the price reaching that level will experience a more intense response due to a liquidity cascade.