Liquidation cascade on 2026-09-03
On this day our detector flagged $443.44M of forced closures across 4 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 |
|---|---|---|---|---|
| 14:00 to 16:00 | $197.90M | L $8.77M · S $189.13M | BTCUSDT, ETHUSDT, ZECUSDT | +3.03% |
| 14:30 to 16:00 | $167.16M | L $7.78M · S $159.38M | BTCUSDT, ETHUSDT, ZECUSDT | +1.96% |
| 15:30 to 16:00 | $39.03M | L $1.65M · S $37.38M | BTCUSDT, ETHUSDT, ZECUSDT | +0.59% |
| 21:30 to 22:00 | $39.35M | L $1.89M · S $37.46M | BTCUSDT, ETHUSDT, ZECUSDT | -0.39% |
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.