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BTCUSDT · USDT-M Perp · 4H · L3

Liquidation Cascade — BTC Perp

Aug 2023 violent wick as longs liquidate on BTCUSDT perp.

Futures Scenario

Aug 2023 violent wick as longs liquidate on BTCUSDT perp.

From $26,033 to $25,312 in two 4H candles on heavy volume — forced long closures. Recovery candles followed as shorts covered.

📅 Aug 2023 · liquidation wick to $25.3k · MEXC USDT-M Perp

BTCUSDTBTC PerpetualPerp4H
Aug 2023 · liquidation wick to $25.3k
25,26325,72926,194Sep 1, 12 PMSep 1, 4 PMSep 1, 8 PMSep 2, 12 AMSep 2, 4 AMSep 2, 8 AM

Volume (contracts) · max 482.0M

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