Cascade record

Liquidation cascade on 2026-08-22

On 2026-08-22 our detector flagged $382.35M of forced closures across 3 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.

Force-closed
$382.35M
across the day's bursts
Longs
82%
$312.34M
Shorts
18%
$70.00M
Bursts
3
30 minute windows over threshold

Every burst on this day

Window (UTC)TotalLong / shortCoins sweptBTC move
04:30 to 05:30$300.81ML $245.74M · S $55.06METHUSDT, XRPUSDT, SOLUSDT-1.95%
05:00 to 05:30$50.04ML $37.88M · S $12.16MXRPUSDT, ETHUSDT, BTCUSDT-1.79%
10:00 to 10:30$31.50ML $28.72M · S $2.78MBTCUSDT, ETHUSDT, XRPUSDT-0.18%

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.

ETHUSDT
$76.97M
XRPUSDT
$58.24M
BTCUSDT
$42.76M
SOLUSDT
$40.06M
DOGEUSDT
$16.38M
TRUMPUSDT
$4.41M

What price did

ETHUSDT 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.