Cascade record

Liquidation cascade on 2026-08-24

On this day our detector flagged $66.70M 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
$66.70M
across the day's bursts
Longs
49%
$32.81M
Shorts
51%
$33.89M
Bursts
2
30 minute windows over threshold

Every burst on this day

Window (UTC)TotalLong / shortCoins sweptBTC move
11:30 to 12:00$33.73ML $3.11M · S $30.62METHUSDT, BTCUSDT, VELVETUSDT+0.56%
13:30 to 14:00$32.97ML $29.70M · S $3.27MBTCUSDT, ETHUSDT, SNDKUSDT-0.23%

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
$21.54M
BTCUSDT
$20.45M
SNDKUSDT
$4.00M
SKHYNIXUSDT
$1.37M
SOXLUSDT
$1.27M
XAUUSDT
$751.7K
SOLUSDT
$704.1K

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.