Cascade Autopsy: BTC, 2026-07-31

2026-07-31T14:04:14Z → 14:09:14Z UTC · generated 2026-10-29T13:39:01Z · artifact 2026-07-31T1404-BTC

What happened

Total liquidated

$66.2M

Raw tape events

4,238

Duration

5m 0s

Venues

binance, bitmex, bybit, gateio, hyperliquid, kraken_fut, okx

Dominant symbol

BTCUSDT

Direction

predominantly LONG liquidations (99% of events), price fell

Symbol	Liquidated	Events	Share
BTCUSDT	$36.8M	1,430	55.6%
ETHUSDT	$21.6M	1,591	32.7%
SOLUSDT	$1.9M	175	2.9%
DOGEUSDT	$1.4M	194	2.1%
SNDKUSDT	$948,436	117	1.4%

Timeline (UTC, minute by minute)

Minute	Events	Liquidated	Top symbol	Venues
14:03	398	$4.2M	BTCUSDT	binance, bybit, dydx, gateio, hyperliquid, kraken_fut, okx
14:04	661	$6.4M	BTCUSDT	binance, bitfinex, bitmex, bybit, gateio, hyperliquid, okx
14:05	758	$7.6M	BTCUSDT	binance, bybit, gateio, hyperliquid, kraken_fut, okx
14:06	2,198	$40.1M	BTCUSDT	binance, bitmex, bybit, gateio, hyperliquid, kraken_fut, okx
14:07	541	$10.7M	ETHUSDT	binance, bybit, gateio, hyperliquid, kraken_fut, okx
14:08	102	$1.1M	SOXLUSDT	binance, bybit, gateio, hyperliquid, okx
14:09	290	$4.4M	BTCUSDT	binance, bybit, gateio, hyperliquid, kraken_fut, okx
14:10	51	$466,305	SOXLUSDT	binance, bybit, hyperliquid, okx

Venue breakdown

Venue	Liquidated	Events
binance	$29.7M	555
gateio	$12.2M	646
okx	$10.5M	1,173
bybit	$8.8M	796
hyperliquid	$3.9M	970
kraken_fut	$1.0M	96
bitmex	$16,828	2

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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