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Cascade record

Liquidation cascade on 2026-10-24

On 2026-10-24 our detector flagged $411.08M 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
$411.08M
across the day's bursts
Longs
98%
$401.82M
Shorts
2%
$9.26M
Bursts
2
30 minute windows over threshold

Every burst on this day

Window (UTC)TotalLong / shortCoins sweptBTC move
14:00 to 15:30$310.82ML $303.60M · S $7.22METHUSDT, BTCUSDT, SOLUSDT-1.51%
15:00 to 15:30$100.26ML $98.21M · S $2.04METHUSDT, BTCUSDT, SOLUSDT-0.90%

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
$145.84M
BTCUSDT
$134.87M
SOLUSDT
$17.10M
NEARUSDT
$12.18M
DOGEUSDT
$8.08M
XAUUSDT
$1.63M
XRPUSDT
$1.45M

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.