Ethereum price fluctuation may trigger over $3 billion in liquidations, with $4,100 being the key support level.

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[Coin World] On August 10th, according to data from the data platform, if Ethereum breaks through 4400 USD, the cumulative short order liquidation intensity on mainstream trading platforms will reach 1.24 billion. Conversely, if Ethereum falls below 4100 USD, the cumulative long order liquidation intensity on mainstream trading platforms will be 3.257 billion.

Note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance, or intensity, of each liquidation cluster relative to nearby liquidation clusters. Therefore, the liquidation chart shows to what extent the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that after the price reaches that level, there will be a stronger reaction due to a liquidity wave.

ETH-0.49%
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StableBoivip
· 08-10 03:29
Short order, long order, play as you like. Jump left and right without panic.
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MevHuntervip
· 08-10 03:29
The absolute big wave liquidation is coming.
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BanklessAtHeartvip
· 08-10 03:16
If 4100 holds, I'm just a dog.
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