v2.0 Academy
Chapter 9

What is Multi-Platform Liquidation (24h)?

What is Multi-Platform Liquidation (24h)?
Aggregates forced liquidation data collected live from multiple major exchanges (Binance, OKX, Bybit, dYdX). Shows how many positions were forcefully closed in the last 24 hours, platform-based volume, count distribution, and LONG/SHORT ratio.
Data | Description
Total Volume | Combined liquidation volume in the last 24 hours (in USD)
Liquidation Count | Total forced liquidation count across all platforms
LONG / SHORT Ratio | Directional distribution of liquidations: which side is getting squeezed more
Platform Distribution | Volume and count details by exchange (Binance, OKX, Bybit, dYdX)
How to Interpret?
- LONG side getting squeezed → Buy positions have seen more liquidation; downward pressure is dominant.
- SHORT side getting squeezed → Sell positions have been liquidated; upward movement is in play.
- High total volume → Cascade liquidation risk increases. May be a harbinger of sudden and sharp price movements.
💡 Pro Tip
High one-sided liquidation generally shows that over-leveraged positions in that direction have been cleaned out. After this "cleanup," price may continue in the opposite direction or make a sharp move in the same direction: evaluate together with Liquidation Heatmap.
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This content is for education and analysis only, not investment advice. Market tools offer probability and context, not certainty; the decision is the user responsibility.