PI liquidations live
$36K of PI positions were liquidated on Bitget and Gate in the last 24 hours: $31K longs (85.7%) and $5,194 shorts across 49 liquidations. The biggest was a $8,780 long liquidation on Gate at 0.06930 (PI_USDT), 4h ago. In the last hour: $2,496 (0.0% longs). That is high for PI: the latest recorded hourly reading of rolling 24-hour liquidations ($34K) is higher than or equal to 77% of hourly readings since 14 Oct UTC (30 days of history), which ranged from $25 to $345K.
PI liquidations: long vs short
All liquidations →Biggest PI liquidations, 24h
- GATELONG$8,780@ 0.069304h ago
- BITLONG$3,208@ 0.069114h ago
- GATELONG$2,881@ 0.0705012h ago
- BITSHORT$2,496@ 0.0719150m ago
- GATELONG$2,493@ 0.068704h ago
Latest
- No recent PI liquidations.
From the public liquidation feeds of Bitget and Gate. MEXC does not publish liquidations, so PI perps there are not counted. Bitget publishes only a sample of liquidations, so totals are a lower bound. A long liquidation is a forced sell; a short liquidation is a forced buy.
PI liquidations history
From recorded history, hourly$475K of PI positions were liquidated over the past 7 days: $455K longs (95.8%) and $20K shorts. The biggest hour was 21:00 UTC on 8 Nov, with $202K. Over the last 24 hours $34K of PI positions were liquidated, up from $14K the 24 hours before.
PI liquidations
Longs up, shorts downLoading chart…
Not recorded Chart: TradingView Lightweight Charts™
About the PI liquidations
What is a PI liquidation?
When losses on a leveraged PI futures position use up its margin, the exchange closes it by force at market. A long liquidation is a forced sell and hits when price drops; a short liquidation is a forced buy and hits when price rises.
How to read it
Liquidations cluster at sharp moves: forced sells push price lower, which can liquidate the next long, and the same happens upward for shorts. A wave of long liquidations shows over-leveraged longs being flushed; it describes what just happened and is not a prediction.
Data coverage
From the public liquidation streams of Bitget and Gate. Bitget publishes only a sample of liquidations, so totals are a lower bound. MEXC publishes no liquidation feed. Totals cover the last 24 hours, and every liquidation is stored for the history chart.