Large trades

• A market buy or sell of a lot of money in one go: from 1 million dollars without an account, and from $100,000 with your account activated. It is what people usually call a “whale”.
• The exchange publishes it in pieces, one for each order it takes from the book. Here the pieces of the same order are put back together to show it whole.
• Buy means the trader buys at the asking price, which pushes the price up. Sell is the opposite.

• It is the price of the coin you choose, candle by candle, with each large trade on top as a bubble: green for a buy and red for a sell, bigger the more money it moves. Below the candles, a strip adds up the large buying and selling in each candle, and the triangles mark the liquidations.
• The price is the spot price against USDT (for Bitcoin, BTC/USDT), which your browser requests directly from Binance, while the large trades are from perpetual futures. That is why a bubble can sit a few dollars above or below its candle.
• Next to the chart, the tape shows each trade as it arrives: the exchange, the coin, the price and the size. If you like, turn on the sound: higher for a buy, lower for a sell and louder the bigger it is. It stays off until you turn it on.

• It is a leveraged position the exchange closes by force because it no longer has enough margin to stay open.
• A liquidated long is someone who was betting on a rise: the exchange sells their position, which pushes the price down. A liquidated short is the opposite: the exchange buys.
• Many liquidations on the same side in a short time usually come with a sharp price move.

• From the public feeds of Binance, Bybit, OKX and Hyperliquid, for their USDT perpetual futures. They arrive the moment they happen.
• Binance does not publish all its liquidations: at each moment it only sends the latest one, so its figures are part of the total.
• Hyperliquid does not list its liquidations separately in its public feed: from there you only get buys and sells.
• Above the list you will see which exchanges are coming in right now. If one drops, it says so there.

• Without an account: Bitcoin and Ethereum, trades from 1 million and liquidations from $100,000, over the last 24 hours.
• With your account activated (your UID linked and at least 100 USDT in your exchange): also Solana, XRP, Dogecoin, BNB, Cardano, Sui, Chainlink, Avalanche, Litecoin and Hyperliquid, any size from $100,000, the last 7 days and filters by coin, exchange and type. The filters stay in the page address, so you can save them as bookmarks.

No. Only trades and liquidations on the exchanges show up here. Moving coins from one wallet to another is neither buying nor selling, so it does not show up.

It adds up the large buys and sells of the last hour, with the filter you have set. The liquidated longs and shorts are all the liquidations of that hour, of any size, for the same coins and exchanges. The difference shows which way big money has pushed harder.