COINOTAG News on September 16, citing Coinglass data, reports that if Ethereum falls below $4,300 the cumulative long liquidation strength across mainstream CEXs would reach approximately $911 million, whereas a rally above $4,500 would correspond to cumulative short liquidation strength near $661 million. The accompanying liquidation chart does not provide exact contract counts or nominal contract values; instead, its bars convey the relative importance or cluster strength versus adjacent levels. Practically, higher liquidation bars indicate where forced deleveraging and a liquidity cascade could exert greater downward or upward pressure on price, information that market participants and risk managers can incorporate into margin and liquidity stress analyses.
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