# Liquidation cascade on 2026-08-27

On 2026-08-27 our detector flagged $112.76M 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.

Source: https://bykaranteli.com/incidents/2026-08-27 · attribute to ByKaranteli and quote the timestamp.
Snapshot taken 2026-08-27T09:30:00.000Z.

This page documents what was liquidated, not why the move started. A cascade is the amplifier, rarely the trigger.

| Measure | Value |
| --- | ---: |
| Force-closed (USD) | $112.76M |
| Longs (share of total, USD) | 6%, $6.83M |
| Shorts (share of total, USD) | 94%, $105.93M |
| Bursts (30 minute windows over threshold) | 2 |

## Every burst on this day

| Window (UTC) | Total (USD) | Longs (USD) | Shorts (USD) | Coins swept | BTC move (%) |
| --- | ---: | ---: | ---: | --- | ---: |
| 08:00 to 09:30 | $80.69M | $6.08M | $74.61M | ETHUSDT, BTCUSDT, SOLUSDT | +1.66% |
| 09:00 to 09:30 | $32.07M | $749.8K | $31.32M | ETHUSDT, BTCUSDT, SOLUSDT | +0.81% |

## 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.

| Symbol | Force-closed (USD) | Share of the day (%) |
| --- | ---: | ---: |
| ETHUSDT | $64.95M | 57.6 |
| BTCUSDT | $30.82M | 27.3 |
| SOLUSDT | $5.52M | 4.9 |
| SKHYNIXUSDT | $2.20M | 2.0 |
| XRPUSDT | $1.77M | 1.6 |
| XAUUSDT | $236.0K | 0.2 |

## What price did

ETHUSDT minute closes around the day's largest burst, one hour either side. Every 5th minute below.

| Minute (UTC) | ETHUSDT close (USD) |
| --- | ---: |
| 2026-08-27 07:00 | 2490.38 |
| 2026-08-27 07:05 | 2491.2 |
| 2026-08-27 07:10 | 2490.39 |
| 2026-08-27 07:15 | 2491.93 |
| 2026-08-27 07:20 | 2492.15 |
| 2026-08-27 07:25 | 2488.33 |
| 2026-08-27 07:30 | 2490.32 |
| 2026-08-27 07:35 | 2490.55 |
| 2026-08-27 07:40 | 2490.03 |
| 2026-08-27 07:45 | 2491.01 |
| 2026-08-27 07:50 | 2492.38 |
| 2026-08-27 07:55 | 2497 |
| 2026-08-27 08:00 | 2496.69 |
| 2026-08-27 08:05 | 2506.57 |
| 2026-08-27 08:10 | 2524.88 |
| 2026-08-27 08:15 | 2514.6 |
| 2026-08-27 08:20 | 2514.39 |
| 2026-08-27 08:25 | 2518.99 |
| 2026-08-27 08:30 | 2538.43 |
| 2026-08-27 08:35 | 2532.98 |
| 2026-08-27 08:40 | 2529.22 |
| 2026-08-27 08:45 | 2539.43 |
| 2026-08-27 08:50 | 2533.38 |
| 2026-08-27 08:55 | 2529.43 |
| 2026-08-27 09:00 | 2528.72 |
| 2026-08-27 09:05 | 2528.82 |
| 2026-08-27 09:10 | 2534.69 |
| 2026-08-27 09:15 | 2532.3 |
| 2026-08-27 09:20 | 2540.76 |
| 2026-08-27 09:25 | 2549.43 |
| 2026-08-27 09:30 | 2551.1 |
| 2026-08-27 09:35 | 2545.65 |
| 2026-08-27 09:40 | 2547.38 |
| 2026-08-27 09:45 | 2541.57 |
| 2026-08-27 09:50 | 2536.69 |
| 2026-08-27 09:55 | 2535.45 |
| 2026-08-27 10:00 | 2532.41 |
| 2026-08-27 10:05 | 2534.47 |
| 2026-08-27 10:10 | 2537.28 |
| 2026-08-27 10:15 | 2526.81 |
| 2026-08-27 10:20 | 2528.88 |
| 2026-08-27 10:25 | 2514.42 |
| 2026-08-27 10:30 | 2508.9 |

## 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.

## Other cascade days

- Previous cascade: /md/incidents/2026-08-25
- Next cascade: /md/incidents/2026-08-28

## Related

- https://bykaranteli.com/incidents
- https://bykaranteli.com/liquidations
- https://bykaranteli.com/liqmap

Everything in one fetch: https://bykaranteli.com/llms-full.txt