BTC BTC Liquidations
The dollar value of BTC perpetual-futures positions force-closed on Bybit during each UTC day, split between long bets and short bets. This tracks one exchange only — it is not a total for Binance, OKX, or the whole crypto market.
A perpetual future is a borrowed-money bet on price with no end date. A long bets BTC will rise; a short bets it will fall. When the trader's deposit can no longer cover the loss, the exchange closes the position automatically — a liquidation.
This chart puts both sides together: long liquidations above zero and short liquidations below zero. The latest UTC-day bar is still filling until 00:00 UTC.
Large long-liquidation bars mark forced selling during a fall. Large short-liquidation bars mark forced buying during a rise, often called a short squeeze. For example, $5 million of long liquidations and $1 million of short liquidations means $6 million was force-closed on this Bybit BTC contract that day; it does not mean $6 million across all exchanges.
For every BTCUSDT liquidation received from Bybit's public allLiquidation WebSocket, multiply the closed quantity by its price, separate long and short positions, and add each side within the UTC day. Total liquidations are |longs| + |shorts|.
Bybit only. We also record Binance's live feed of forced closures (reached by a second route since 19 August 2026), but Binance publishes only the largest closure per coin per second, so its figure is kept separate and is not drawn here. OKX and other venues are not included. The level is therefore a one-exchange sample, not a whole-market number. We have stored it since 15 July 2026, so history grows forward from that date.
Our own live Bybit allLiquidation WebSocket accumulator for BTCUSDT.
Bybit BTCUSDT WebSocket · 1 exchange only · ours since 2026-07