STG liquidations: $184K in the last 24 hours.
$135K of it was longs and $49.1K shorts, across 222 forced orders. Against STG's own 14-day baseline the tape is Cascade at 28.3× its normal hourly rate, many times its own normal — forced selling feeding on itself.
Who got liquidated, and how much.
$229K over the week — longs above the line, shorts below.
Brighter bars mark hours the coin ran at 3× or more of its own baseline. $148K longs and $80.6K shorts over the seven days, 263 forced orders.
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 STG 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.
The same tape, deeper.
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The coins liquidating the most right now.
- #1 BTC · $25MCalm · 0.7× its normal · longs $4.8M · shorts $20.1M
- #2 ETH · $22.9MCalm · 0.6× its normal · longs $4.4M · shorts $18.5M
- #3 ZEC · $14.7MCooling · 1.6× its normal · longs $2M · shorts $12.8M
- #4 SOL · $7MCalm · 1.4× its normal · longs $401K · shorts $6.6M
- #5 NEAR · $5.2MCascade · 5.9× its normal · longs $870K · shorts $4.4M
- #6 UNI · $4.1MSpike · 4.4× its normal · longs $904K · shorts $3.2M
- #7 ARB · $3.8MCooling · 3.2× its normal · longs $662K · shorts $3.2M
- #8 ONE · $3.7MCalm · longs $1.4M · shorts $2.3M
- #9 HYPE · $3.1MBuilding · 2.1× its normal · longs $304K · shorts $2.8M
- #10 PUMP · $1.9MSpike · 2.7× its normal · longs $49.6K · shorts $1.8M
- #11 XRP · $1.8MCalm · 0.4× its normal · longs $894K · shorts $886K
- #12 G · $1.5MCascade · 51.8× its normal · longs $590K · shorts $875K
Source: the exchange's forced-liquidation stream, recorded since 2026-05-18, aggregated per coin and hour. Educational content, not financial advice.