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Week in Liquidations: $1.82B forced-closed across 10 venues (2026-10-19 to 2026-10-26)

2026-10-26 · Hunter-Killer · 4

Window: 2026-10-19 → 2026-10-26 (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 $1.82B in forced closes: n=241,254 events across 10 venues and 76 symbols.

Venue split (our capture)

Venue Liquidated Events
binance $785.2M 77,697
okx $425.0M 64,058
gateio $236.4M 22,101
hyperliquid $166.6M 27,252
bybit $164.7M 41,639
deribit $24.8M 4,246
bitget $7.0M 2,062

Most-liquidated symbols

Symbol Liquidated Events
BTCUSDT $641.7M 39,409
ETHUSDT $597.7M 40,685
ZECUSDT $103.0M 19,014
SOLUSDT $85.0M 12,300
NEARUSDT $41.8M 10,347

Largest single hour

The largest one-hour cluster of forced closes in our capture this week: $88.0M on BTCUSDT in the hour starting 2026-10-24 14:00 UTC (n=3,387 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 53.0% 9,132 [51.9%, 54.0%]
2-5% away 74.0% 5,193 [72.8%, 75.2%]
5%+ away 81.0% 1,366 [78.8%, 83.0%]

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

Cascade autopsy of the week

2026-10-24, ETH: $157.1M liquidated: n=11,205 forced closes. The magnet field we had published before the cascade: 9 of 23 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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