Bitcoin liquidations would release at a fall
btc-released-at-fall
How much bitcoin liquidations would release if prices fell 10, 20 or 30%, from the positions as they stand: for each bucket within the fall, debt times one plus the venue's liquidation incentive, over the liquidation price. Not a forecast: no repayment, top-up or market impact is assumed. Absent where a venue's incentive is not yet read, with the venues named.
| Units | BTC |
|---|---|
| Computed at | not stated in the payload |
| History | served |
Methodology descriptive · CX1 Q7
What it measures. The bitcoin liquidations would release if every venue's own mark fell 10, 20 or 30%: for each bucket of bitcoin-only positions in the band, dollar debt × (1 + the venue's liquidation incentive) over the bucket's liquidation price.
Read with care. Arithmetic on the book as it stands. No repayment, top-up, contagion or market impact is assumed, so it is not a forecast. Positions posting other collateral beside bitcoin are not in it.
Absences. Absent where a venue with debt in the band has no liquidation incentive read yet; the venue is named, with the partial sum. From 2020-05-03, where the one venue with a longer history begins; dates before 2022-09-19 are context.
History
Bitcoin liquidations would release at a 20% fall
Arithmetic on the book as it stands, not a forecast. Absent where a venue in the band has no liquidation incentive read yet; the absences are marked. From 2020-05-03; the 10% and 30% falls are in the reading and on the explorer.
Mondays are drawn here; every day is in the explorer. Open in the explorer →
What this cannot be read as
Bitcoin that liquidations would release if every venue's own mark fell 20%: for each bucket of bitcoin-only positions whose liquidation price lies within 20% below its venue's mark, dollar debt x (1 + the venue's liquidation incentive) / the bucket's liquidation price (its midpoint). Arithmetic on the book as it stands, with no repayment, top-up, contagion or market impact assumed: not a forecast. Mixed and unbucketed venues are not in it (see liq_bucketed_share). Before 2026-10-08 the map holds Sky alone (a coverage step on 2026-10-08). Observational: one credit cycle, from 2022-09-19.
https://www.bitcoincreditstack.com/indicators/btc-released-at-fall
Full payload
Every field as the API serves it
| id | btc-released-at-fall | ||||
|---|---|---|---|---|---|
| name | Bitcoin liquidations would release at a fall | ||||
| measure | CX-Q7 | ||||
| question | How much bitcoin would liquidations release if every venue's own mark fell 10, 20 or 30%, with no repayment or top-up? | ||||
| headline | cx.market.secured.btc_released_at_fall_20 | ||||
| source | Derived: HX1 credit_liq_buckets_daily and credit_liq_venue_daily (liquidation_incentive) | ||||
| series | 3 entries[
{
"series_id": "cx.market.secured.btc_released_at_fall_20",
"date": "2026-10-13",
"value": null,
"unit": "BTC",
"kind": "absent:incentive_unread",
"venues": 23,
"missing": [
"aave_v4_avalanche",
"aave_v4_ethereum",
"venus_core_pool_bsc"
],
"coverage": {
"in": 30,
"of": 88
},
"debt_usd": "305352638.91",
"partial_btc": "4403.68314835",
"debt_without_incentive_usd": "6482772.98",
"limitation": "Bitcoin that liquidations would release if every venue's own mark fell 20%: for each bucket of bitcoin-only positions whose liquidation price lies within 20% below its venue's mark, dollar debt x (1 + the venue's liquidation incentive) / the bucket's liquidation price (its midpoint). Arithmetic on the book as it stands, with no repayment, top-up, contagion or market impact assumed: not a forecast. Mixed and unbucketed venues are not in it (see liq_bucketed_share). Before 2026-10-08 the map holds Sky alone (a coverage step on 2026-10-08). Observational: one credit cycle, from 2022-09-19.",
"vintage_id": "cx@2026-10-13T08:15:00.531Z"
},
{
"series_id": "cx.market.secured.btc_released_at_fall_10",
"date": "2026-10-13",
"value": null,
"unit": "BTC",
"kind": "absent:incentive_unread",
"venues": 21,
"missing": [
"aave_v4_ethereum",
"venus_core_pool_bsc"
],
"coverage": {
"in": 30,
"of": 88
},
"debt_usd": "54445246.98",
"partial_btc": "746.26341426",
"debt_without_incentive_usd": "77814.11",
"limitation": "Bitcoin that liquidations would release if every venue's own mark fell 10%: for each bucket of bitcoin-only positions whose liquidation price lies within 10% below its venue's mark, dollar debt x (1 + the venue's liquidation incentive) / the bucket's liquidation price (its midpoint). Arithmetic on the book as it stands, with no repayment, top-up, contagion or market impact assumed: not a forecast. Mixed and unbucketed venues are not in it (see liq_bucketed_share). Before 2026-10-08 the map holds Sky alone (a coverage step on 2026-10-08). Observational: one credit cycle, from 2022-09-19.",
"vintage_id": "cx@2026-10-13T08:15:00.531Z"
},
{
"series_id": "cx.market.secured.btc_released_at_fall_30",
"date": "2026-10-13",
"value": null,
"unit": "BTC",
"kind": "absent:incentive_unread",
"venues": 27,
"missing": [
"aave_v4_avalanche",
"aave_v4_ethereum",
"etherfi_borrowing_optimism",
"venus_core_pool_bsc"
],
"coverage": {
"in": 30,
"of": 88
},
"debt_usd": "1079537318.74",
"partial_btc": "17154.82164205",
"debt_without_incentive_usd": "18260262.38",
"limitation": "Bitcoin that liquidations would release if every venue's own mark fell 30%: for each bucket of bitcoin-only positions whose liquidation price lies within 30% below its venue's mark, dollar debt x (1 + the venue's liquidation incentive) / the bucket's liquidation price (its midpoint). Arithmetic on the book as it stands, with no repayment, top-up, contagion or market impact assumed: not a forecast. Mixed and unbucketed venues are not in it (see liq_bucketed_share). Before 2026-10-08 the map holds Sky alone (a coverage step on 2026-10-08). Observational: one credit cycle, from 2022-09-19.",
"vintage_id": "cx@2026-10-13T08:15:00.531Z"
}
] | ||||
| methodology |
| ||||
| sample | One credit cycle, from 2022-09-19: observational. Descriptive, not a forecast or a signal, and not an index. |
Where this comes from
| REST | GET https://api.bitcoincreditstack.com/v1/market/measure/btc-released-at-fall |
|---|---|
| MCP | get_indicator({ id: "btc-released-at-fall" }) get_indicator({ id: "btc-released-at-fall", include_history: true }) get_series({ ids: ["cx.market.secured.btc_released_at_fall_20", "cx.market.secured.btc_released_at_fall_10", "cx.market.secured.btc_released_at_fall_30"] }) |
The same figures, the same names and dates. Connect your AI →