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If Ethereum breaks above $4800, the mainstream CEX cumulative short liquidation pressure will reach 1.067 billion.

3 hours ago

On October 7th, according to Coinglass data, if Ethereum manages to break through $4800, the cumulative short liquidation intensity on mainstream CEX will reach $1.067 billion. Conversely, if Ethereum drops below $4600, the cumulative long liquidation intensity on mainstream CEX will reach $1.025 billion. **BlockBeats Note**: The liquidation chart does not provide the exact number of contracts to be liquidated or the precise value of the liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows to what extent the target price will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that the price will experience a more intense reaction due to a liquidity avalanche when it reaches that particular point.
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