Ethereum breaking above $4300 or falling below $4000 will trigger large-scale contract liquidations.

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On August 20th, according to data from the data platform, if Ethereum breaks through 4300 USD, the cumulative short order liquidation intensity on mainstream trading platforms will reach 2.411 billion.

Conversely, if Ethereum falls below 4000 USD, the cumulative long order liquidation intensity on mainstream trading platforms will reach 1.314 billion.

Note: The liquidation chart does not display 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, or intensity, of each liquidation cluster relative to the neighboring liquidation clusters.

Therefore, the liquidation chart shows the extent to which the target price will be affected when it reaches a certain position. A higher "liquidation column" indicates that once the price reaches that point, there will be a stronger reaction due to the wave of liquidity.

ETH3.7%
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OnchainDetectivevip
· 2h ago
Long positions are betting their fortunes again.
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CounterIndicatorvip
· 7h ago
It's rolled up, both long and short can be done.
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LuckyStarvip
· 12h ago
Steadfast HODL💎
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not_your_keysvip
· 12h ago
Both longs and shorts are fighting hard, but the old man still prefers to short.
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0xSherlockvip
· 12h ago
The short order is too high pressure, isn't it?
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MoonBoi42vip
· 12h ago
Can this magnitude scare people to death?
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GateUser-00be86fcvip
· 12h ago
Let's see who gets liquidated first, hehe.
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GateUser-ccc36bc5vip
· 12h ago
It seems like there will be a wave of liquidations.
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QuorumVotervip
· 13h ago
This wave might explode.
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