Crypto liquidations · MAGIC · updated 2026-09-27 16:31 UTC

MAGIC liquidations: $128K in the last 24 hours.

$91.6K of it was longs and $36.7K shorts, across 159 forced orders. Against MAGIC's own 14-day baseline the tape is Cascade at 136.1× its normal hourly rate, many times its own normal — forced selling feeding on itself.

Open the live tape for MAGIC All coins

The last 24 hours

Who got liquidated, and how much.

Longs liquidated$91.6K71.4% of the 24h total

Shorts liquidated$36.7K28.6% of the 24h total

Largest single print$5.7Ka long at 2026-09-27 15:01 UTC

Share of all liquidations0.16%#58 of 150 coins · $82.1M market-wide

Seven days

$134K over the week — longs above the line, shorts below.

Brighter bars mark hours the coin ran at 3× or more of its own baseline. $96.6K longs and $37.1K shorts over the seven days, 163 forced orders.

How to read it

A liquidation is a forced order, not an opinion.

A long liquidation is a leveraged buyer closed out by the exchange as price fell; a short liquidation is a leveraged seller closed out as price rose. Raw dollar totals mean little on their own — a quiet coin's $2M is a big day, a large coin's $20M is Tuesday — which is why the state above compares MAGIC with its own 14-day baseline, not with the market. We publish this as detection only: our own research found no reliable directional edge in buying a long flush, and we say so on the liquidation exhaustion page.

In the account

The same tape, deeper.

A free account adds the live tape as it happens, every window from one hour to the full history, size and side filters, and the coin's own baseline. Every figure on this page stays public. Create a free account or open MAGIC in the tape.

Also today

The coins liquidating the most right now.

Source: the exchange's forced-liquidation stream, recorded since 2026-05-18, aggregated per coin and hour. Educational content, not financial advice.