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.