If Ethereum drops below $4100, the mainstream CEX long liquidation pressure will reach $1.012 billion

BlockBeats News, September 24th, according to Coinglass data, if Ethereum falls below $4100, the cumulative long liquidation intensity of mainstream CEXes will reach $1.012 billion.

On the other hand, if Ethereum breaks above $4300, the cumulative short liquidation intensity of mainstream CEXes will reach $1.356 billion.

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

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