If Ethereum breaks through $4,700, the cumulative short position liquidation intensity of mainstream CEX will reach 1.373 billion

According to Coinglass data from Odaily Planet Daily, if Ethereum breaks through $4,700, the cumulative short position liquidation intensity on mainstream CEXs will reach 1.373 billion. Conversely, if Ethereum falls below $4,400, the cumulative long position liquidation intensity on mainstream CEXs will reach 1.990 billion.