On October 7th, according to Coinglass data, if Ethereum breaks through $4800, the cumulative short order liquidation intensity on mainstream CEX will reach 1.067 billion. Conversely, if Ethereum falls below $4600, the cumulative long order liquidation intensity on mainstream CEX will reach 1.025 billion. BlockBeats note: The liquidation chart does not show the precise number of contracts pending 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 nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows the extent to which the target price will be affected when it reaches a certain position. 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 4800 USD, the cumulative short order liquidation intensity of mainstream CEX will reach 1.067 billion.
On October 7th, according to Coinglass data, if Ethereum breaks through $4800, the cumulative short order liquidation intensity on mainstream CEX will reach 1.067 billion. Conversely, if Ethereum falls below $4600, the cumulative long order liquidation intensity on mainstream CEX will reach 1.025 billion. BlockBeats note: The liquidation chart does not show the precise number of contracts pending 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 nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows the extent to which the target price will be affected when it reaches a certain position. A higher "liquidation bar" indicates that once the price reaches that point, there will be a stronger reaction due to liquidity waves.