Canonical market indicator

Liquidations

58% shorts · 24 hours

illustrative dataIllustrative snapshot · August 28, 2026
24 hours readingSignal 012
Longs liquidated$309MDominant side
Shorts$224M
00100

Leverage event history

Who was forced out?

Long and short liquidations against Bitcoin price context.

Longs liquidatedShorts liquidatedBitcoin price
Blue Rogues read

The dominant forced-closure side explains pressure, not the original catalyst. Durable confirmation still belongs to spot demand after leverage normalizes.

Stress archive

Largest liquidation events

Ranking layout preview. Production dates, values and causes require source-level verification.

Reference event A$19.2B

Broad deleveraging across the tracked derivatives set.

illustrative record
Reference event B$9.9B

A historical stress fixture for ranking and comparison.

illustrative record
Reference event C$9.0B

A historical stress fixture; production provenance pending.

illustrative record
What it confirms

Forced short covering amplified the observed move.

What it cannot prove

Liquidations do not identify the original catalyst or durable spot demand.

Next confirmation

Watch whether price holds after liquidation intensity and open interest normalize.

Method and provenance

Aggregated forced-closure notional across a declared set of derivatives exchanges. Provider: Local fixture.

Read methodology