# Liquidation cascade on 2026-10-18

On 2026-10-18 our detector flagged $72.28M 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/2026-10-18 · attribute to ByKaranteli and quote the timestamp.
Snapshot taken 2026-10-18T20:00:00.000Z.

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

| Measure | Value |
| --- | ---: |
| Force-closed (USD) | $72.28M |
| Longs (share of total, USD) | 97%, $69.99M |
| Shorts (share of total, USD) | 3%, $2.28M |
| Bursts (30 minute windows over threshold) | 1 |

## Every burst on this day

| Window (UTC) | Total (USD) | Longs (USD) | Shorts (USD) | Coins swept | BTC move (%) |
| --- | ---: | ---: | ---: | --- | ---: |
| 19:30 to 20:00 | $72.28M | $69.99M | $2.28M | ETHUSDT, BTCUSDT, SOLUSDT | -0.18% |

## 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 | $19.57M | 27.1 |
| BTCUSDT | $8.41M | 11.6 |
| SOLUSDT | $4.95M | 6.8 |
| ZECUSDT | $3.05M | 4.2 |
| XRPUSDT | $2.94M | 4.1 |

## 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) |
| --- | ---: |
| 2026-10-18 18:30 | 2362.09 |
| 2026-10-18 18:35 | 2362.16 |
| 2026-10-18 18:40 | 2362.62 |
| 2026-10-18 18:45 | 2364.49 |
| 2026-10-18 18:50 | 2365.24 |
| 2026-10-18 18:55 | 2366.67 |
| 2026-10-18 19:00 | 2365.42 |
| 2026-10-18 19:05 | 2367.17 |
| 2026-10-18 19:10 | 2367.68 |
| 2026-10-18 19:15 | 2367.36 |
| 2026-10-18 19:20 | 2366.81 |
| 2026-10-18 19:25 | 2361.67 |
| 2026-10-18 19:30 | 2352.75 |
| 2026-10-18 19:35 | 2342.57 |
| 2026-10-18 19:40 | 2334.13 |
| 2026-10-18 19:45 | 2329.97 |
| 2026-10-18 19:50 | 2343.34 |
| 2026-10-18 19:55 | 2337.29 |
| 2026-10-18 20:00 | 2340.79 |
| 2026-10-18 20:05 | 2338.22 |
| 2026-10-18 20:10 | 2336.38 |
| 2026-10-18 20:15 | 2335.73 |
| 2026-10-18 20:20 | 2343.54 |
| 2026-10-18 20:25 | 2348.22 |
| 2026-10-18 20:30 | 2349.88 |
| 2026-10-18 20:35 | 2344.63 |
| 2026-10-18 20:40 | 2345.93 |
| 2026-10-18 20:45 | 2343.95 |
| 2026-10-18 20:50 | 2344.39 |
| 2026-10-18 20:55 | 2347.43 |
| 2026-10-18 21:00 | 2350.16 |

## 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/2026-10-17
- Next cascade: /md/incidents/2026-10-20

## Related

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

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