If Ethereum breaks above $4,100, the cumulative short liquidation strength on major CEXs will reach $502 million.

ChainThink report, October 26, according to Coinglass data, if Ethereum breaks above $4100, the total short liquidation strength on major CEXs will reach $502 million.

Conversely, if Ethereum falls below $3900, the total long liquidation strength on major CEXs will reach $708 million.

ChainThink Note: The liquidation chart does not show the exact number of contracts to be liquidated, or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the relative importance of each liquidation cluster compared to neighboring liquidation clusters, i.e., the strength.

Therefore, the liquidation chart shows how much impact the price reaching a certain level will have. A higher "liquidation bar" indicates a stronger reaction will occur due to the liquidity wave once the price reaches that level.