Whale Academy

Orderflow & Liquidations

What it shows

A live stream of liquidation events across the perpetual venues, plus an aggregated view of where they are clustering.

How to read it

A liquidation is a position closed by the exchange because margin ran out — each one is a forced market order, which is why clusters of them often coincide with fast moves. The stream is a record of positions already closed. Where they cluster shows where leverage was concentrated, not where price is obliged to go.

AlgoWhale reports market data. It does not tell you what to buy or sell, and nothing on this page is investment advice.