> For the complete documentation index, see [llms.txt](https://docs.bigbeluga.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bigbeluga.org/ai-extension-sonar-tm/liquidation-events.md).

# Liquidation Events

**The Liquidation Events panel** streams real-time forced position closures from major crypto derivatives exchanges directly into your [TradingView](https://www.tradingview.com/) workspace. It helps you spot liquidation cascades, squeeze conditions, and liquidity sweeps without leaving the chart.

### How to Access

The Liquidation Events panel is a **premium feature**.

{% hint style="success" %}
If you already have a subscription to any of our **Premium Indicators**, this panel will automatically unlock for you
{% endhint %}

* If not, you’ll need to subscribe to **any of our** [**three premium plans**](https://bigbeluga.org/#pricing) to enable it. 

Click the **“**<mark style="color:$primary;">**Get Premium Access**</mark>**”** button. It will redirect you to the [BigBeluga subscription page](https://bigbeluga.org/#pricing) where you can choose a plan.

<div data-with-frame="true"><figure><img src="/assets/a5feedfe8a089b0348cef89011d21abadbbf91aa577cb268d270f4265f2aac70.png" alt=""><figcaption></figcaption></figure></div>

To open the panel:

1. Click the **Sonar** icon on the right sidebar of your [TradingView ](https://www.tradingview.com/)chart.

<figure><img src="/assets/d53ab515611b61c5c3b4e5f40e5d8d534c03fd022fa68db4d59db7964c5c8c7d.png" alt=""><figcaption></figcaption></figure>

### Table Columns & Data

{% stepper %}
{% step %}

#### **Symbol** – The futures pair where the liquidation occurred (e.g., BTCUSDT, ETHUSDT).

<figure><img src="/assets/f79992cb5827d6463057f8f8da5c6bd93755ab1c358d149d5807da663b1b3f5c.png" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}

#### **Exchange** – Source venue reporting the event (e.g., Bybit, Binance, OKX).

<figure><img src="/assets/19f92d18e80e9a2638bcde147885a2247d5455c40ea3e4e8eeaa56cba99cac86.png" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}

#### **Price** – Execution price of the liquidation order at the moment it was closed.

<figure><img src="/assets/769c59c868b73dac40e2fa878deb3d3b843f037116b20128a0f356678f2d32b6.png" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}

#### **Volume** – Quantity liquidated (coin amount as reported by the exchange).

<figure><img src="/assets/96a9009201b4ec1b154c937d08d622916ef87aab4378a3a1da41a1bbf59f8884.png" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}

#### **Value** – Notional value of the liquidation, shown in USDT.

<figure><img src="/assets/542c092052dcd37573f5be8c0a24568f803304d29bd0bffda88077cc513cc512.png" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}

#### **Side** – Direction of the forced close:

* <mark style="color:red;">**SELL**</mark> = short positions liquidated (down-move flushes).
* <mark style="color:green;">**BUY**</mark>   = long positions liquidated (up-move squeezes).

<figure><img src="/assets/bc0f62c28a5cfd6d1ed58ba6907a716b7a9d08a9b331bf554375dac9078736da.png" alt=""><figcaption></figcaption></figure>
{% endstep %}
{% endstepper %}

***

### Live Data Feed

The table updates continuously as exchanges publish new liquidation prints, allowing you to:

> * See **bursts** of clustered liquidations during volatile moves.
> * Track **momentum continuation** after a cascade begins.
> * Gauge whether pressure is **one-sided** (mostly BUY or SELL liquidations) or mixed.

### Use Cases

> * **Identify squeezes & cascades**: Rapid sequences of BUY (short) or SELL (long) liquidations often precede extension or exhaustion.
> * **Confirm liquidity sweeps**: Spikes in liquidations near key levels validate that stops were triggered.
> * **Add confluence to entries/exits**: Align prints with order-flow tools, OB levels, or trend signals.
> * **Risk awareness**: Stand aside (or tighten risk) when the tape shows accelerating liquidation clusters.