Skip to content
Cascade record

Liquidation cascade on 2026-08-28

On 2026-08-28 our detector flagged $141.74M of forced closures across 2 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
$141.74M
across the day's bursts
Longs
94%
$132.83M
Shorts
6%
$8.92M
Bursts
2
30 minute windows over threshold

Every burst on this day

Window (UTC)TotalLong / shortCoins sweptBTC move
14:00 to 14:30$33.46ML $28.29M · S $5.17MBTCUSDT, ETHUSDT, SOLUSDT-0.37%
16:00 to 16:30$108.28ML $104.54M · S $3.74MBTCUSDT, ETHUSDT, XAUUSDT-0.78%

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.

BTCUSDT
$59.77M
ETHUSDT
$41.24M
XAUUSDT
$5.86M
SOLUSDT
$5.35M
XRPUSDT
$4.50M

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.