If Ethereum falls below US$4,500, the cumulative long-term liquidation intensity of mainstream CEX will reach 1.488 billion.

According to ChainCatcher, according to Coinglass data, if Ethereum falls below US$4,500, the cumulative long-term liquidation intensity of mainstream CEX will reach 1.488 billion. On the contrary, if Ethereum breaks through US$4,800, the cumulative short-term liquidation intensity of mainstream CEX will reach 1.566 billion. A liquidation chart does not show the exact number of contracts to be liquidated, or the exact value of the contract being liquidated. The columns on the clearing chart show the importance of each clearing cluster relatively close to the clearing cluster, that is, the intensity. Therefore, the liquidation chart shows how much the target price will be affected to a certain position. A higher "liquidation bar" means that the price will have a stronger reaction due to the liquidity wave after it arrives.