Liquidation cascade on 2026-08-21
On 2026-08-21 our detector flagged $786.34M of forced closures across 5 detected bursts. Everything below is read from the real liquidation feed, not estimated: these are closures the exchanges actually broadcast.
This page documents what was liquidated, not why the move started. A cascade is the amplifier, rarely the trigger.
Every burst on this day
| Window (UTC) | Total | Long / short | Coins swept | BTC move |
|---|---|---|---|---|
| 00:00 to 02:00 | $197.11M | L $6.42M · S $190.69M | BTCUSDT, ETHUSDT, SOLUSDT | +2.66% |
| 01:00 to 02:00 | $136.51M | L $5.09M · S $131.41M | BTCUSDT, ETHUSDT, SOLUSDT | +1.71% |
| 07:00 to 07:30 | $87.98M | L $2.46M · S $85.52M | BTCUSDT, ETHUSDT, SNDKUSDT | +1.00% |
| 08:30 to 09:30 | $241.63M | L $59.24M · S $182.38M | BTCUSDT, ETHUSDT, SOLUSDT | +0.79% |
| 21:00 to 22:30 | $123.12M | L $7.88M · S $115.25M | ETHUSDT, BTCUSDT, SOLUSDT | +0.98% |
Which coins got swept
Forced-closure notional per symbol, summed across the day's bursts. A coin high on this list had the most leverage sitting where price went.
What price did
BTCUSDT minute closes around the day's largest burst, one hour either side.
How a day gets a page
Our detector reads the real liquidation tape in 30 minute buckets and flags a bucket when its total forced closures exceed the larger of 30 million USD and six times the trailing median bucket, so the bar moves with market conditions. A day gets a page only when at least one bucket cleared that bar. Quiet days have no page, which is why this archive is short and will stay honest as it grows.