ETH price fluctuation may trigger an 1.8 billion liquidation wave at 4000 or 4300 USD.

On August 20, according to data from the data platform, if Ethereum falls below 4000 USD, the cumulative long order liquidation intensity on mainstream trading platforms will reach 1.841 billion.

Conversely, if Ethereum rises and breaks through 4300 USD, the cumulative short order liquidation intensity on mainstream trading platforms will reach 1.88 billion.

Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually display the importance of each liquidation cluster relative to nearby liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows to what extent the underlying 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 a wave of liquidity.

ETH1.65%
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StakeOrRegretvip
· 21h ago
The long and short drama has begun again. Let's see who gets liquidated first.
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GateUser-0717ab66vip
· 21h ago
Sideways has been exhausting. If it falls below 4000, I will buy the dip with my entire position.
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