If Ethereum falls below $4200, the cumulative long order liquidation intensity of mainstream CEX will reach 928 million.

On September 2, the crypto assets market continued to decline. According to Coinglass data, if Ethereum falls below $4200, the cumulative long order liquidation intensity on major CEXs will reach $928 million. Conversely, if Ethereum breaks above $4400, the cumulative short order liquidation intensity on major CEXs will reach $539 million. Note from BlockBeats: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the 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 to what extent the target price reaching a certain position will be affected. A higher "liquidation bar" indicates that once the price reaches that point, there will be a stronger reaction due to the liquidity wave.