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 — 2026-06-05
2026-06-05T06:16:17Z → 06:26:18Z UTC · generated 2026-07-20T23:39:01Z · artifact 2026-06-05T0616-BTC
What happened
Venues
binance, bybit, okx
Direction
mixed: 1356 long / 2229 short liquidations
| Symbol | Liquidated | Events | Share |
|---|
| BTCUSDT | $57.3M | 1,272 | 38.5% |
| ETHUSDT | $51.8M | 1,665 | 34.8% |
| SOLUSDT | $12.1M | 1,223 | 8.1% |
| XRPUSDT | $6.4M | 753 | 4.3% |
| DOGEUSDT | $5.6M | 581 | 3.8% |
Timeline (UTC, minute by minute)
| Minute | Events | Liquidated | Top symbol | Venues |
|---|
| 06:15 | 177 | $1.2M | ETHUSDT | binance, bybit, okx |
| 06:16 | 394 | $9.6M | BTCUSDT | binance, bybit, okx |
| 06:17 | 628 | $4.8M | ETHUSDT | binance, bybit, okx |
| 06:18 | 901 | $15.7M | ETHUSDT | binance, bybit, okx |
| 06:19 | 763 | $5.0M | BTCUSDT | binance, bybit, okx |
| 06:20 | 474 | $6.4M | BTCUSDT | binance, bybit, okx |
| 06:21 | 567 | $6.6M | ETHUSDT | binance, bybit, okx |
| 06:22 | 1,032 | $16.8M | BTCUSDT | binance, bybit, okx |
| 06:23 | 1,135 | $14.3M | ETHUSDT | binance, bybit, okx |
| 06:24 | 2,344 | $44.2M | ETHUSDT | binance, bybit, okx |
| 06:25 | 89 | $25.8M | BTCUSDT | binance, bybit, okx |
| 06:26 | 15 | $180,563 | ETHUSDT | binance, bybit, okx |
Venue breakdown
| Venue | Liquidated | Events |
|---|
| binance | $108.7M | 1,776 |
| bybit | $25.0M | 5,622 |
| okx | $15.2M | 873 |
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.