# 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="/files/eQsSoCMbhrMujDrCvr8H" 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="/files/nzyA3rOHCO1gayHuukPe" alt=""><figcaption></figcaption></figure>

### Table Columns & Data

{% stepper %}
{% step %}

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

<figure><img src="/files/mCmcFy3iEoUrjqWUeDNM" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}

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

<figure><img src="/files/QkbkZc5vl83m2iKR6tHz" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}

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

<figure><img src="/files/w5wqhgRyiWH3Zs97nr67" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}

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

<figure><img src="/files/SCx66TxnMqkdtvqfHn0l" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}

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

<figure><img src="/files/Q2xg3cfZlM5BMYyyUK9I" 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="/files/OLaiI57PmjzmINR6hnT3" 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.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.bigbeluga.com/extension/bigbeluga-sonar-tm/liquidation-events.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.