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Week in Liquidations: $2.03B forced-closed across 10 venues (2026-08-31 to 2026-09-07)

2026-09-07 · Hunter-Killer · 4

Window: 2026-08-31 → 2026-09-07 (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 $2.03B in forced closes, n=207,531 events across 10 venues and 74 symbols.

Venue split (our capture)

Venue Liquidated Events
binance $699.6M 61,823
bitfinex $393.3M 451
okx $370.2M 55,276
gateio $247.2M 22,195
bybit $168.7M 40,176
hyperliquid $147.5M 25,181
kraken_fut $2.7M 1,261

Most-liquidated symbols

Symbol Liquidated Events
BTCUSDT $1.05B 41,239
ETHUSDT $440.9M 33,476
ZECUSDT $141.8M 25,632
SOLUSDT $93.0M 13,847
XRPUSDT $54.7M 9,171

Largest single hour

The largest one-hour cluster of forced closes in our capture this week: $245.5M on BTCUSDT in the hour starting 2026-09-03 15:00 UTC (n=2,602 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 56.4% 6,829 [55.2%, 57.6%]
2-5% away 72.9% 4,459 [71.6%, 74.2%]
5%+ away 81.3% 728 [78.3%, 84.0%]

(Record window: trailing 7 days of published levels; a band renders only with n≥30 reached levels.)

Cascade autopsy of the week

2026-09-03, BTC: $229.0M liquidated, n=3,450 forced closes. The magnet field we had published before the cascade: 16 of 30 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.

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