PerpGuard
Hyperliquid ยท measured 12 November 2026

What liquidations have done to BCH traders

Over the last 82 days we recorded 160 BCH positions closed by the exchange across 126 separate accounts. Each one read back from the fills Hyperliquid itself marks as a liquidation โ€” not inferred from positions that disappeared.

160 BCH liquidations recorded
126 accounts hit
13 in the worst single hour
81% landed in a market-wide wave

The worst hour for BCH

23 September 2026, 14:00 UTC: 13 BCH positions were liquidated inside sixty minutes. Across the whole period, BCH liquidations were spread over 75 different hours โ€” so that single hour carried 8.1% of everything that happened to BCH traders in 82 days.

It is almost never about BCH alone

81% of all BCH liquidations landed in an hour when ten or more other assets were being liquidated at the same time. They are not independent accidents on one book; they are the local expression of something moving across the whole exchange at once.

This is the part that catches people. A stop-loss on BCH reacts to BCH. It cannot know that the move is market-wide, that the book is about to get thin, or that your other position is going at the same moment. We measured the wave: an ordinary hour on Hyperliquid touches 5.8 assets, a loaded one touches 21. The record hour touched 141.

And right now?

This page is the record. What BCH looks like at this moment — how much is sitting within 2% of its liquidation price today — is on the live page, updated continuously.

Where does your own BCH position sit?

Paste your address and you get told when it gets close to its liquidation price. It is a public address, so there is no key, no signature and no account involved โ€” and watching stays free.

Check an address

The limits, stated plainly

We do not see the whole exchange. These figures cover the accounts we re-read, which at any moment is a few percent of Hyperliquid's carried notional, and our reading order favours accounts already close to liquidation. Every count here is a floor, not a total. The live feed publishes its own coverage with every number.

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