According to Coinglass data cited by COINOTAG on September 26, if Ethereum recovers above $4,100 the aggregated short liquidation intensity on mainstream CEX platforms is calculated at approximately $2.649 billion, while a decline beneath $3,800 would correspond to cumulative long liquidation intensity near $939 million. These figures reflect aggregated intensity metrics reported by the analytics provider and are presented as relative measures rather than absolute contract tallies.
The accompanying note clarifies that the liquidation chart visualizes relative cluster importance—not exact contract counts or notional values—and that each bar denotes the projected impact of a liquidity cluster on price dynamics; a taller liquidation bar signals a stronger market reaction due to a localized liquidity surge when that price level is reached.