Liquidations XAG
Silver — real-time liquidation data from exchanges
XAG liquidations on exchanges
| Exchange | Total | Longhi | Shorts | Events | Share | Preponderance |
|---|---|---|---|---|---|---|
| $34.4M | $329.3K | $34.1M | 40 | 50.4% | 99.0% Short | |
| $31.2M | $30.9M | $267.3K | 32 | 45.7% | 99.1% Long | |
| $2.5M | $122.1K | $2.4M | 256 | 3.6% | 95.1% Short | |
| $168.9K | $0 | $168.9K | 4 | 0.2% | 100.0% Short | |
| $6.4K | $0 | $6.4K | 1 | 0.0% | 100.0% Short | |
| $3.3K | $3.3K | $0 | 36 | 0.0% | 100.0% Long |
Liquidations XAG — What do the current data show?
Over the past 24 hours, positions have been liquidated $68.2M. Longi: $31.4M (46.0%), shorts: $36.8M (54.0%). The largest one-time liquidation is $28.9MData collected from exchanges.
Every liquidation is a market order that pushes the price further down the price path. Liquidate $50 million of longs in an hour? That's $50 million of market selling, accelerating the decline. The cascade works like a snowball: the first wave knocks out stops, the second finishes off those who ran out of margin. And the third forms a reversal zone because the pressure has subsided.
The preponderance of liquidations in one direction is a key signal. If 46.0% over 24 hours went to longs, meaning the market was falling and knocking out leveraged buyers. After a massive squeeze on one side, a reversal often occurs—all the "weak" capital is out of the market, and the pressure eases.
Interpretation of liquidation data
Mass liquidations of longs
The sharp price drop wiped out long positions. The cascade accelerates the downward movement. But after long positions are completely squeezed out, a local bottom often forms—the selling pressure is exhausted, leaving only traders with ample margin.
Mass liquidation of shorts
Short squeeze — a rising price forces short sellers to close with market orders, which further accelerates the upward movement. This is typical after a breakout of a key resistance level or unexpected positive news.
Low liquidations + high OI
The market is calm, but many positions have accumulated. It's the calm before the storm—open interest will sooner or later cascade. Be careful with leverage during such periods.
Balance of longs and shorts
Liquidations are roughly evenly split—the market is trading sideways with volatility. Both sides are taking hits. A typical consolidation before a directional impulse.