If Ethereum falls below $4400, the cumulative long order liquidation intensity of major CEX will reach 1.191 billion.

On August 15, according to Coinglass data, if Ether falls below $4400, the cumulative long order liquidation intensity of mainstream CEX will reach 1.191 billion. Conversely, if Ether breaks above $4700, the cumulative short order liquidation intensity of mainstream CEX will reach 928 million. BlockBeats note: The liquidation chart does not show the exact number of contracts pending liquidation or the exact value of liquidated contracts. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to nearby liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows the extent to which the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that after the price reaches that point, there will be a stronger reaction due to liquidity waves.