If Ethereum breaks through $4400, the total open interest liquidation on major centralized exchanges (CEX) will reach 709 million.

On September 9th, according to Coinglass data, if Ethereum manages to break through $4400, the cumulative short liquidation intensity on mainstream CEXes will amount to $709 million. On the other hand, if Ethereum drops below $4200, the cumulative long liquidation intensity on mainstream CEXes will reach $1.96 billion. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts awaiting liquidation or the precise value of contracts that have been liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, which is referred to as intensity. Consequently, the liquidation chart indicates the extent to which the target price will be influenced when it reaches a particular level. A higher "liquidation bar" suggests that the price will experience a more intense reaction due to a liquidity avalanche once it reaches that specific point.