Live Liquidations
What it shows
Forced position closures (liquidations) from the futures market: a real-time stream from Binance Futures (the !forceOrder channel via our relay server), with OKX and Bybit data added on a periodic refresh. Green entries are long liquidations (price fell), red are short liquidations (price rose). The summary offers a window picker (1h / 4h / 24h) plus coin, side and exchange filters, which can be cleared with one click. Plus side dominance and an hourly stacked bar chart.
How to read it
Watch the size of individual liquidations and how tightly they cluster. Large amounts (millions USD) and one-sided streaks have historically signalled forced deleveraging, which is a frequent ingredient of local bottoms and tops. Data is collected from the moment the feature went live (7-day retention), so 24-hour stats mature gradually.
Parameters
- Long / short liquidation
- A long liquidation = a bet on rising prices closed after a drop; a short liquidation = a bet on falling prices closed after a rise.
- Negative reading: A cascade of one-sided liquidations in a short window, which historically accompanies sharp, chaotic price moves.
- Neutral reading: Isolated, scattered liquidations are normal background noise on a leveraged futures market.
- Table columns
- Coin: the contract symbol; Side: whether a long (green) or short (red) was liquidated; Price: the rate at which the liquidation happened; Value: the size of the liquidated position in USD; Time: the event time (your local time). The list shows the 50 most recent events from the whole market, without filtering by position size.
- Hourly chart (24h)
- The X axis is each hour of the last 24 hours (your local time), the Y axis is the total liquidated value in USD. Each bar sums all liquidations in that hour: the green part = longs, the red part = shorts. A tall bar = an hour with a wave of forced closures.
- Scope of the total
- The total covers the three exchanges whose stream we collect (Binance Futures, OKX, Bybit), every perpetual contract on them and every coin they list, including coins outside our catalog (those roll into a single combined row). Public aggregates count a dozen or more exchanges, so their figures are higher: the gap comes from the number of exchanges, not from our filter.
- Lower bound
- On its aggregate channel Binance pushes at most one event per second per symbol, so in a dense cascade some events never reach us. For the busiest symbols (BTC, ETH) our total is a floor rather than the full figure, and the denser the stream, the bigger the shortfall.
- 24h dominance
- Which side lost more over the past day: a majority of long liquidations = downward pressure, of shorts = upward pressure.
Example
Within an hour you see $40M of longs liquidated while BTC drops 3%. This is forced supply that has historically deepened the move, with calm often following once the cascade exhausted itself. Context, not a forecast.