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Derivatives Derivatives BTC Liquidations Derivatives BTC Liquidations

Bitcoin

This measures the total volume of forcibly liquidated futures positions.

Why it matters

It captures the intensity of leverage flushes during volatile moves.

How it is built

The USD value of liquidated long and short positions is summed over the period.

What to watch

Liquidation spikes mark violent deleveraging that often coincides with local price extremes and reversals.

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