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Cascade record

Liquidation cascade on 2026-10-20

On 2026-10-20 our detector flagged $149.85M 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
$149.85M
across the day's bursts
Longs
44%
$65.31M
Shorts
56%
$84.53M
Bursts
2
30 minute windows over threshold

Every burst on this day

Window (UTC)TotalLong / shortCoins sweptBTC move
01:00 to 01:30$30.76ML $30.54M · S $212.1KBTCUSDT, ETHUSDT, SOLUSDT-0.30%
14:00 to 15:30$119.09ML $34.77M · S $84.32METHUSDT, BTCUSDT, SOLUSDT+0.32%

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
$55.60M
BTCUSDT
$51.22M
SOLUSDT
$8.81M
ZECUSDT
$4.25M
XAUUSDT
$1.14M
SNDKUSDT
$513.6K

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.