Window: 2026-09-14 → 2026-09-21 (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 $3.00B in forced closes, n=277,149 events across 10 venues and 76 symbols.
Venue split (our capture)
| Venue | Liquidated | Events |
|---|---|---|
| binance | $932.9M | 71,342 |
| okx | $651.2M | 85,332 |
| bitfinex | $559.3M | 747 |
| gateio | $417.7M | 32,109 |
| bybit | $223.9M | 46,260 |
| hyperliquid | $203.0M | 38,001 |
| kraken_fut | $4.8M | 1,784 |
Most-liquidated symbols
| Symbol | Liquidated | Events |
|---|---|---|
| BTCUSDT | $1.37B | 51,602 |
| ETHUSDT | $897.9M | 56,848 |
| ZECUSDT | $192.7M | 38,539 |
| SOLUSDT | $131.1M | 18,353 |
| XRPUSDT | $104.7M | 17,137 |
Largest single hour
The largest one-hour cluster of forced closes in our capture this week: $343.4M on BTCUSDT in the hour starting 2026-09-18 13:00 UTC (n=5,684 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 | 59.4% | 7,290 | [58.3%, 60.6%] |
| 2-5% away | 78.3% | 6,142 | [77.3%, 79.3%] |
| 5%+ away | 87.2% | 1,659 | [85.5%, 88.7%] |
(Record window: trailing 7 days of published levels; a band renders only with n≥30 reached levels.)
Cascade autopsy of the week
2026-09-18, BTC: $391.1M liquidated, n=9,977 forced closes. The magnet field we had published before the cascade: 21 of 28 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.