Window: 2026-08-24 → 2026-08-31 (UTC). Aggregated from liquidation events captured by Hunter Killer across the venues it ingests. Coverage is what we capture, not the entire market. Descriptive of the stated window; not a forecast.
In that window our tape recorded $2.38B in forced closes, n=240,815 events across 10 venues and 84 symbols.
Venue split (our capture)
| Venue | Liquidated | Events |
|---|---|---|
| binance | $862.4M | 59,400 |
| okx | $496.4M | 70,943 |
| bitfinex | $376.4M | 306 |
| gateio | $221.7M | 25,263 |
| hyperliquid | $204.8M | 40,925 |
| bybit | $203.7M | 40,777 |
| kraken_fut | $4.6M | 1,695 |
Most-liquidated symbols
| Symbol | Liquidated | Events |
|---|---|---|
| BTCUSDT | $1.13B | 61,936 |
| ETHUSDT | $660.3M | 43,388 |
| SOLUSDT | $162.9M | 25,731 |
| XRPUSDT | $91.9M | 16,720 |
| ZECUSDT | $51.5M | 14,117 |
Largest single hour
The largest one-hour cluster of forced closes in our capture this week: $245.2M on BTCUSDT in the hour starting 2026-08-25 02:00 UTC (n=4,018 events). This is the largest observed cluster in what we ingest, not a claim about the whole market.
When price reached levels we published in advance
Conditional on price REACHING a level we published in advance, how often the liquidation cluster was actually there. Not a forecast that price will travel there.
| Published-level distance | Cluster confirmed | n (reached) | 95% CI |
|---|---|---|---|
| 0-2% away | 59.5% | 7,501 | [58.3%, 60.6%] |
| 2-5% away | 77.2% | 4,202 | [75.9%, 78.5%] |
| 5%+ away | 80.5% | 778 | [77.5%, 83.1%] |
(Record window: trailing 7 days of published levels; a band renders only with n≥30 reached levels.)
Cascade autopsy of the week
2026-08-25, BTC: $235.3M liquidated, n=3,601 forced closes. The magnet field we had published before the cascade: 9 of 17 levels reached. Full re-verified anatomy at the link.
Coverage is what Hunter Killer captures across the venues it ingests, not the entire market. This recap is descriptive of the stated window, not a forecast and not a trade signal. The monthly long-form version lives at State of Liquidations; the graded accuracy record, including misses, at /proof; the live delayed map at /liq.