Descriptive record — not a forecast. This page records what our liquidation map showed before this cascade (snapshot timestamps shown), what then happened on our multi-venue tape, and the model's measured historical record as it stood before the event. Every accuracy figure carries its sample size and a Wilson 95% lower bound. It does not predict future price moves and does not claim the model forecasts when a cascade will start.
Cascade Autopsy: BTC — 2026-06-04
2026-06-04T01:13:15Z → 01:23:46Z UTC · generated 2026-07-21T00:09:01Z · artifact 2026-06-04T0113-BTC
What happened
Venues
binance, bybit, okx
Direction
mixed: 388 long / 693 short liquidations
| Symbol | Liquidated | Events | Share |
|---|
| BTCUSDT | $32.7M | 949 | 44.9% |
| ETHUSDT | $20.1M | 482 | 27.7% |
| SOLUSDT | $11.1M | 760 | 15.3% |
| XRPUSDT | $2.7M | 512 | 3.7% |
| DOGEUSDT | $1.2M | 206 | 1.6% |
Timeline (UTC, minute by minute)
| Minute | Events | Liquidated | Top symbol | Venues |
|---|
| 01:12 | 56 | $237,287 | SOLUSDT | binance, bybit, okx |
| 01:13 | 16 | $204,025 | SOLUSDT | binance, bybit, okx |
| 01:14 | 87 | $563,173 | SOLUSDT | binance, bybit, okx |
| 01:15 | 163 | $1.1M | SOLUSDT | binance, bybit, okx |
| 01:16 | 780 | $19.5M | BTCUSDT | binance, bybit, okx |
| 01:17 | 34 | $170,047 | SOLUSDT | binance, bybit, okx |
| 01:18 | 13 | $45,166 | SOLUSDT | binance, bybit |
| 01:19 | 608 | $5.4M | BTCUSDT | binance, bybit, okx |
| 01:20 | 2 | $132,531 | BTCUSDT | binance |
| 01:21 | 574 | $5.3M | BTCUSDT | binance, bybit, okx |
| 01:22 | 814 | $11.6M | BTCUSDT | binance, bybit, okx |
| 01:23 | 1,071 | $28.6M | BTCUSDT | binance, bybit, okx |
| 01:24 | 2 | $27,853 | BTCUSDT | binance |
Venue breakdown
| Venue | Liquidated | Events |
|---|
| binance | $52.0M | 984 |
| bybit | $18.8M | 2,709 |
| okx | $1.9M | 469 |
Independent re-read of our own captured tape (verify: PASS). Cross-venue capture is the product moat.
What the map showed BEFORE the cascade
No pre-cascade map snapshot exists for this symbol (level capture not active for it at that time, or outside the retention window). We do not reconstruct or backfill a before-map — that would be look-ahead.
The measured record, as it stood before this cascade
No calibration record predating this cascade was found.