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Cascade Autopsy: BTC, 2026-07-31

2026-07-31T14:05:28Z → 14:10:28Z UTC · generated 2026-10-29T13:09:01Z · artifact 2026-07-31T1405-BTC

What happened

Total liquidated
$65.0M
Raw tape events
4,062
Duration
5m 0s
Venues
binance, bitmex, bybit, gateio, hyperliquid, kraken_fut, okx
Dominant symbol
BTCUSDT
Direction
predominantly LONG liquidations (99% of events), price fell
SymbolLiquidatedEventsShare
BTCUSDT$37.6M1,40257.8%
ETHUSDT$18.4M1,38328.4%
SOLUSDT$2.2M1863.4%
XRPUSDT$1.4M1152.2%
DOGEUSDT$1.3M2082.0%

Timeline (UTC, minute by minute)

MinuteEventsLiquidatedTop symbolVenues
14:04255$2.0METHUSDTbinance, bybit, gateio, hyperliquid, okx
14:05758$7.6MBTCUSDTbinance, bybit, gateio, hyperliquid, kraken_fut, okx
14:062,198$40.1MBTCUSDTbinance, bitmex, bybit, gateio, hyperliquid, kraken_fut, okx
14:07541$10.7METHUSDTbinance, bybit, gateio, hyperliquid, kraken_fut, okx
14:08102$1.1MSOXLUSDTbinance, bybit, gateio, hyperliquid, okx
14:09290$4.4MBTCUSDTbinance, bybit, gateio, hyperliquid, kraken_fut, okx
14:10812$7.0MBTCUSDTbinance, bybit, gateio, hyperliquid, okx
14:1113$80,329ETHUSDTbinance, bybit, gateio

Venue breakdown

VenueLiquidatedEvents
binance$31.0M527
gateio$11.9M557
okx$8.5M1,055
bybit$8.3M762
hyperliquid$4.2M1,066
kraken_fut$999,63393
bitmex$16,8282
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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