# Liquidation cascade on 2026-09-02

On 2026-09-02 our detector flagged $46.71M of forced closures across 1 detected burst. Everything below is read from the real liquidation feed, not estimated: these are closures the exchanges actually broadcast.

Source: https://bykaranteli.com/incidents/2026-09-02 · attribute to ByKaranteli and quote the timestamp.
Snapshot taken 2026-09-02T22:00:00.000Z.

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

| Measure | Value |
| --- | ---: |
| Force-closed (USD) | $46.71M |
| Longs (share of total, USD) | 32%, $14.73M |
| Shorts (share of total, USD) | 68%, $31.97M |
| Bursts (30 minute windows over threshold) | 1 |

## Every burst on this day

| Window (UTC) | Total (USD) | Longs (USD) | Shorts (USD) | Coins swept | BTC move (%) |
| --- | ---: | ---: | ---: | --- | ---: |
| 21:30 to 22:00 | $46.71M | $14.73M | $31.97M | AKEUSDT, BTCUSDT, ETHUSDT | -0.03% |

## 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 (%) |
| --- | ---: | ---: |
| AKEUSDT | $19.62M | 42.0 |
| BTCUSDT | $3.76M | 8.0 |
| ETHUSDT | $2.30M | 4.9 |
| ZECUSDT | $2.00M | 4.3 |
| BTWUSDT | $1.40M | 3.0 |

## What price did

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

| Minute (UTC) | BTCUSDT close (USD) |
| --- | ---: |
| 2026-09-02 20:30 | 77372.7 |
| 2026-09-02 20:35 | 77447 |
| 2026-09-02 20:40 | 77372.5 |
| 2026-09-02 20:45 | 77270.7 |
| 2026-09-02 20:50 | 77350.5 |
| 2026-09-02 20:55 | 77403.6 |
| 2026-09-02 21:00 | 77302.3 |
| 2026-09-02 21:05 | 77290.1 |
| 2026-09-02 21:10 | 77282.3 |
| 2026-09-02 21:15 | 77295.9 |
| 2026-09-02 21:20 | 77242.8 |
| 2026-09-02 21:25 | 77273.1 |
| 2026-09-02 21:30 | 77229.8 |
| 2026-09-02 21:35 | 77251 |
| 2026-09-02 21:40 | 77364.3 |
| 2026-09-02 21:45 | 77315.6 |
| 2026-09-02 21:50 | 77269 |
| 2026-09-02 21:55 | 77314.9 |
| 2026-09-02 22:00 | 77229.1 |
| 2026-09-02 22:05 | 77119 |
| 2026-09-02 22:10 | 77062.7 |
| 2026-09-02 22:15 | 77087.1 |
| 2026-09-02 22:20 | 77029.9 |
| 2026-09-02 22:25 | 77000 |
| 2026-09-02 22:30 | 76998.8 |
| 2026-09-02 22:35 | 77047.6 |
| 2026-09-02 22:40 | 77128.5 |
| 2026-09-02 22:45 | 77043.8 |
| 2026-09-02 22:50 | 77018.1 |
| 2026-09-02 22:55 | 77005.5 |
| 2026-09-02 23:00 | 76983.8 |

## 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/2026-09-01
- Next cascade: /md/incidents/2026-09-03

## Related

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

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