HYPE Liquidation — 2026-03-23 14:10

$2.85M liquidated in 89 seconds. HYPE dropped 0.6% from $39 to $39. Replay the event below.

Peak Price

$39

HYPE

Lowest Price

$39

-0.6%

Total Liquidated

$2.85M

Long Squeeze

Duration

89s

14:11:10 UTC

HYPE Liquidation Cascade · 2026-03-23

Price

$39

Liq Vol

Depth

100%

HYPE AUTOPSY

↘

PRE-EVENT

Market conditions before the cascade. Orderbook depth appears normal.

Price

Orderbook Depth %

Liquidation Volume

Timeline (s)

0.00

Event Breakdown

Long Liquidations

$2.85M

Forced sells from leveraged longs

Short Liquidations

$0.00

Forced buys from leveraged shorts

Price Recovery

$39

Final price after cascade exhaustion

Get This Data via API

Every data point in this autopsy is available via our API

Access trades, liquidations, and 20-level orderbook depth for HYPE and 3 other assets.
Stream real-time data or download historical Parquet files for backtesting.

Get API Key →

Learn the Mechanics

📚 What is a Liquidation Cascade?

Interactive educational breakdown of how forced selling creates cascading price crashes. Includes step-by-step explanation.

💥 Live Liquidation Monitor

Real-time liquidation tracking across BTC, ETH, SOL, and HYPE. See cascade risk levels and recent events.

📖 Liquidation

Definition and live examples

📖 Open Interest

How OI signals cascade risk

📖 Funding Rate

Why extreme funding precedes cascades