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Week in Liquidations: $2.25B forced-closed across 10 venues (2026-10-26 to 2026-11-02)

2026-11-02 · Hunter-Killer · 4

Window: 2026-10-26 → 2026-11-02 (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 $2.25B in forced closes: n=268,331 events across 10 venues and 72 symbols.

Venue split (our capture)

Venue Liquidated Events
binance $929.4M 70,789
okx $453.6M 68,530
gateio $234.7M 23,321
bybit $233.0M 49,191
hyperliquid $226.3M 32,626
bitget $103.8M 14,109
deribit $35.6M 6,708

Most-liquidated symbols

Symbol Liquidated Events
BTCUSDT $859.0M 50,937
ETHUSDT $625.6M 39,878
SOLUSDT $141.7M 18,213
ZECUSDT $72.0M 15,992
XRPUSDT $52.4M 10,081

Largest single hour

The largest one-hour cluster of forced closes in our capture this week: $188.7M on BTCUSDT in the hour starting 2026-10-29 20:00 UTC (n=7,696 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 51.3% 9,656 [50.3%, 52.3%]
2-5% away 69.6% 5,124 [68.3%, 70.9%]
5%+ away 86.1% 1,625 [84.3%, 87.7%]

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

Cascade autopsy of the week

2026-10-29, BTC: $348.2M liquidated: n=23,858 forced closes. The magnet field we had published before the cascade: 14 of 22 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 instruction. 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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