# 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://www.bigbeluga.com/#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://www.bigbeluga.com/#pricing) where you can choose a plan.

<div data-with-frame="true"><figure><img src="https://3353728891-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F1dlOGDREop4WMfLcctYT%2Fuploads%2FTsnDDSa5yHazqOdV0Mx7%2Fimage.png?alt=media&#x26;token=c9c895dd-440b-4851-85ae-4adb0b38a7ca" 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="https://3353728891-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F1dlOGDREop4WMfLcctYT%2Fuploads%2FS09HfAPQf0rdEvF5M2kf%2F2025-08-26_18-23.png?alt=media&#x26;token=237afb21-a502-419f-823b-aab24fa4eb09" alt=""><figcaption></figcaption></figure>

### Table Columns & Data

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

<figure><img src="https://3353728891-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F1dlOGDREop4WMfLcctYT%2Fuploads%2FrvTAHjAjgGkd7BjF733Q%2Fimage.png?alt=media&#x26;token=efee3200-71e4-4a29-adc1-42f57513db67" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}

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

<figure><img src="https://3353728891-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F1dlOGDREop4WMfLcctYT%2Fuploads%2F227eUeATYlXi60JzUF2f%2Fimage.png?alt=media&#x26;token=83292ec0-0d79-4ac0-8e9c-31ad56b24936" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}

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

<figure><img src="https://3353728891-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F1dlOGDREop4WMfLcctYT%2Fuploads%2FsE6WlPRTndCxMfxWYqA0%2Fimage.png?alt=media&#x26;token=0a5164f5-1a48-4121-af7d-35e57cd9b658" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}

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

<figure><img src="https://3353728891-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F1dlOGDREop4WMfLcctYT%2Fuploads%2FFNbFXltZdRnnnWELlCfV%2Fimage.png?alt=media&#x26;token=7818bae5-7be3-41f0-9b72-9b5fc3ae38df" alt=""><figcaption></figcaption></figure>
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{% step %}

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

<figure><img src="https://3353728891-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F1dlOGDREop4WMfLcctYT%2Fuploads%2FQl2h4Ed2Vi0MSymsk68W%2Fimage.png?alt=media&#x26;token=e9922c3a-f1d4-4659-abc5-c830c2db4915" 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="https://3353728891-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F1dlOGDREop4WMfLcctYT%2Fuploads%2FdAKZPjRnxYKTRPSmybCF%2Fimage.png?alt=media&#x26;token=10199015-419b-4049-9d39-fc4c0e838496" 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.