Recent liquidation events
| Symbol | Side | Price | Amount | Turnover | Time |
|---|
What this is
A liquidation happens when a leveraged futures position is forcibly closed because the trader can no longer meet margin requirements, typically after a sharp move against their position. A cluster of liquidations in one direction can itself accelerate price movement, since forced selling (or forced buying, on a short squeeze) adds to whatever move triggered it in the first place. This page shows a delayed snapshot of recent BTC and ETH liquidation events, split between longs and shorts, along with recent totals for each.
How to read it
Each event on this page represents a single reported liquidation above a minimum size threshold, with its side (long or short), size, execution price, and approximate dollar turnover. Totals aggregate the events captured in the current snapshot window, not a strict rolling 24-hour figure. Check the freshness line for the exact window this data reflects. A run of long liquidations means leveraged buyers were forced out as price fell; a run of short liquidations means leveraged sellers were forced to cover as price rose. This data reflects derivatives positioning being unwound, not spot buying or selling, and it only captures liquidations above the reporting threshold, so it understates total activity during a genuinely chaotic move.
FAQ
What triggers a liquidation?
A leveraged futures position gets force-closed when losses erode the trader's margin below the exchange's maintenance requirement, regardless of whether the trader wanted to exit.
Do liquidations cause price moves, or just follow them?
Both. A liquidation is a symptom of an existing move, but the forced buying or selling it generates can extend that same move further, which is why clusters of liquidations often coincide with fast, sharp price action.
Why only BTC and ETH?
They're the two most liquid crypto futures markets, where liquidation data is most complete and comparable. Smaller-cap futures markets report far less consistently.
Does a long liquidation mean the price fell?
Generally yes, a long liquidation happens when a leveraged buyer's position is closed out after the price moves against them, i.e., downward.
Related terms & tools
Further reading
Informational only, not investment advice. Figures on this page are delayed by approximately 15 minutes, truncated to the top 15 rows, and refreshed periodically. They are not a real-time feed and are not affiliated with any exchange. For live, full-depth data across equities, crypto, forex, options, and macro, see the OpticAlpha terminal.