Liquidations
What Is Liquidations?
The forced closing of leveraged positions when margin requirements are not met. Liquidation data shows the dollar value and direction (long vs short) of liquidated positions.
How to Interpret
Large long liquidation cascades often mark local bottoms as forced selling is exhausted. Large short liquidations during rallies indicate short squeezes. Total liquidations volume reflects leverage in the system.
More Derivatives Metrics
Futures Open Interest
The total number of outstanding futures contracts across all exchanges. Represents the total amount of capital committed to Bitcoin futures positions.
Futures Volume
The total daily trading volume of Bitcoin futures contracts across all exchanges. Measures the level of speculative activity and leveraged trading.
Spot Volume CVD
Cumulative Volume Delta for spot markets — the running total of the difference between taker buy and taker sell volume on exchanges.
Options Open Interest
The total number of outstanding Bitcoin options contracts. Shows the total notional value of calls and puts across exchanges like Deribit, CME, and others.