BTCPERP

This page tracks forced liquidations of leveraged BTCPERP positions in real time. A liquidation happens when an exchange's risk engine closes a margined position at market price because its collateral can no longer cover the loss. Every event on this page is a real order-book execution recorded within seconds of happening — not a model, not an estimate.

The long/short split at the top tells you who is being wiped out. Right now it's longs: with 98% of the volume coming from forced sellers, BTCPERP is in a falling market where over-leveraged buyers are capitulating. Sustained long-side liquidations often precede capitulation bottoms.

In the last 24 hours 76 BTCPERP positions were force-closed for a total of $1.0M, peaking around 21:00 UTC. Since we started recording, 1,128 BTCPERP liquidations worth $10.1M have been captured across all covered venues.

Numbers differ between trackers — sometimes by millions. There are three honest reasons: exchanges changed their public feeds over the years, some vendors interpolate gaps, and aggregated sources double-count. We record what the engines actually send, mark every aggregated record with its source, and never backfill estimates — that is why numbers here are traceable to the feeds they came from.