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Cascade Autopsy: BTC, 2026-06-25

2026-06-25T13:40:33Z → 14:00:36Z UTC · generated 2026-09-23T13:09:01Z · artifact 2026-06-25T1340-BTC

What happened

Total liquidated
$265.1M
Raw tape events
12,071
Duration
20m 3s
Venues
binance, bitmex, bybit, kraken_fut, okx
Dominant symbol
BTCUSDT
Direction
predominantly LONG liquidations (68% of events), price fell
SymbolLiquidatedEventsShare
BTCUSDT$136.7M3,02651.5%
ETHUSDT$86.3M1,33432.6%
XRPUSDT$8.1M1,1253.0%
SOLUSDT$7.1M8512.7%
BNBUSDT$3.0M2131.1%

Timeline (UTC, minute by minute)

MinuteEventsLiquidatedTop symbolVenues
13:3977$503,979ETHUSDTbinance, bybit, okx
13:40472$14.3METHUSDTbinance, bitmex, bybit, kraken_fut, okx
13:41220$1.3MBTCUSDTbinance, bitmex, bybit, okx
13:42471$4.6METHUSDTbinance, bitmex, bybit, kraken_fut, okx
13:43255$1.9METHUSDTbinance, bybit, kraken_fut, okx
13:44317$5.0MBTCUSDTbinance, bitmex, bybit, kraken_fut, okx
13:45549$8.1MBTCUSDTbinance, bitmex, bybit, kraken_fut, okx
13:46709$6.1MBTCUSDTbinance, bitmex, bybit, kraken_fut, okx
13:47217$2.1MHYPEUSDTbinance, bitmex, bybit, okx
13:48970$13.1METHUSDTbinance, bitmex, bybit, okx
13:49144$932,356BTCUSDTbinance, bitmex, bybit, okx
13:5016$86,456MRVLUSDTbinance, bybit, okx
13:51897$18.8MBTCUSDTbinance, bitmex, bybit, kraken_fut, okx
13:52216$1.7MXRPUSDTbinance, bybit, kraken_fut, okx
13:531,399$39.1MBTCUSDTbinance, bitmex, bybit, kraken_fut, okx
13:54728$16.2MBTCUSDTbinance, bitmex, bybit, kraken_fut, okx
13:551,944$37.5MBTCUSDTbinance, bitmex, bybit, kraken_fut, okx
13:5648$334,196BTCUSDTbinance, bybit, okx
13:57491$12.2MBTCUSDTbinance, bitmex, bybit, okx
13:58919$54.3METHUSDTbinance, bitmex, bybit, kraken_fut, okx
13:591,186$30.9MBTCUSDTbinance, bitmex, bybit, kraken_fut, okx
14:00163$3.0METHUSDTbinance, bitmex, bybit, okx
14:0139$573,622ETHUSDTbinance, bybit, okx

Venue breakdown

VenueLiquidatedEvents
binance$196.4M3,846
bybit$61.2M6,152
okx$6.6M1,862
bitmex$759,51465
kraken_fut$211,602146
Independent re-read of our own captured tape (verify: PASS). Cross-venue capture is the product moat.

What the map showed BEFORE the cascade

No pre-cascade map snapshot exists for this symbol (level capture not active for it at that time, or outside the retention window). We do not reconstruct or backfill a before-map, since that would be look-ahead.

The measured record, as it stood before this cascade

No calibration record predating this cascade was found.

The map these autopsies came from is live

Every autopsy here is built from liquidation-level snapshots the product published in real time, before the event. The delayed map and the full measured track record are open without an account, every figure with its sample size and a Wilson 95% bound. Real time is Pro: $79/mo, Founding 50 from $39/mo. The free account needs no card.

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Share this autopsy: Post on X → · https://hunterkiller.io/go/autopsy?c=autopsy-share&r=TG-CHANNEL. The link is referral-coded and lands on the public autopsy library.
Method: timeline and magnitudes from our own captured multi-venue liquidation tape (12,071 events; independent re-read PASS). Before-map from timestamped liquidation-level snapshots; measured record from the walk-forward calibration journal, last entry strictly before the cascade start. Descriptive record only, never investment advice, never a forecast. Full track record → Current BTC levels and measured accuracy: BTC coin page →