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Week in Liquidations: $2.44B forced-closed across 9 venues (2026-10-12 to 2026-10-19)

2026-10-19 · Hunter-Killer · 4

Window: 2026-10-12 → 2026-10-19 (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 $2.44B in forced closes: n=285,521 events across 9 venues and 73 symbols.

Venue split (our capture)

Venue Liquidated Events
binance $1.06B 79,037
okx $532.6M 79,665
gateio $337.2M 29,046
bybit $237.0M 46,398
hyperliquid $235.3M 41,825
deribit $21.4M 7,004
bitfinex $12.1M 437

Most-liquidated symbols

Symbol Liquidated Events
ETHUSDT $899.9M 51,480
BTCUSDT $709.2M 44,469
SOLUSDT $168.4M 20,462
ZECUSDT $109.6M 23,621
XRPUSDT $64.5M 12,746

Largest single hour

The largest one-hour cluster of forced closes in our capture this week: $184.6M on ETHUSDT in the hour starting 2026-10-15 02:00 UTC (n=5,796 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 52.7% 10,125 [51.7%, 53.7%]
2-5% away 75.0% 6,571 [73.9%, 76.0%]
5%+ away 74.2% 2,383 [72.4%, 75.9%]

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

Cascade autopsy of the week

2026-10-15, ETH: $399.7M liquidated: n=25,540 forced closes. The magnet field we had published before the cascade: 12 of 19 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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