BTC Short Liquidations: -$523,266.42
The dollar value of bets on the price falling that were force-closed each hour on Bybit, drawn below the zero line. Deep spikes mark a short squeeze — forced buying that shoves the price up even faster.
Traders can borrow money to bet the price will fall. If the price rises far enough that their deposit no longer covers the loss, the exchange closes the bet for them by buying back — a forced closure.
This adds up the dollar value of those forced purchases each hour, drawn **below** zero to keep them separate from the rise-betting side.
For example, a $250 million bar means that much forced buying hit the market in a single hour, all of it taking whatever price was available, which pushes the price **higher** and forces still more of the same. That self-feeding rush is what people mean by a short squeeze.
Long quiet stretches mean the fall-betting crowd is under no pressure. On the 90-day and 1-year views each bar adds a whole day together.
The dollar value of every forced closure of a fall-betting position on Bybit, added up per hour and stored as a negative number so the bars hang **below** the line.
Bybit **only** — our server **cannot** reach Binance's live feed — so this is one venue's share of a much larger picture. We have been storing it since 15 July 2026 and the history only grows forward.
Same Bybit websocket accumulator.
Bybit WebSocket accumulator · ours since 2026-07 (no one sells this history)