Ethereum price fluctuation may trigger over $800 million in contract liquidations.

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On August 8, according to data from the data platform, if Ethereum breaks through 4100 USD, the cumulative short order liquidation intensity on mainstream trading platforms will reach 864 million.

On the contrary, if Ethereum falls below 3900 USD, the cumulative long order liquidation intensity on mainstream trading platforms will reach 668 million.

Note: The liquidation chart does not show the exact number of contracts pending liquidation or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the importance, or strength, of each liquidation cluster relative to nearby liquidation clusters.

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

ETH3.47%
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MoonRocketTeamvip
· 1h ago
The booster in adjustment needs to wait a while for the rise.
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FOMOSapienvip
· 13h ago
Another wave of liquidation is coming~
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OnchainGossipervip
· 13h ago
The opportunity for Margin Replenishment in this wave of killing longs has arrived.
View OriginalReply0
BearMarketSurvivorvip
· 13h ago
This wave is very bloody, I can't take it anymore.
View OriginalReply0
ProbablyNothingvip
· 14h ago
I'm so dizzy, double kill for both long and short is here!
View OriginalReply0
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