RECOVERY SUMMARY
Bitcoin traded below $68,000 and cleared roughly $400M in long liquidations in under 60 minutes. Three venues printed the same liquidation total to the dollar at 14:27 UTC.
EXTRACTED DATA
Spot low recorded at $67,970-$67,995 across public market feeds on 2026-07-25. Liquidation estimates converged near $400M within 47-58 minutes. Order-book depth on BTC perp pairs fell 18%-24% during the move.
At 14:27:00 UTC, three independent dashboards tracking derivatives liquidations displayed $401,184,224 for aggregate BTC-linked liquidations. Feed latency between dashboards: 0.8s, 1.3s, 2.1s. Historical variance between these vendors at comparable stress intervals: 3.6%-7.9%. Calibration updates: none logged in the prior 72h.
Value persisted for 11 seconds on two feeds and 13 seconds on one. Venue-level breakdowns remained different. Aggregate total did not.
INTEGRITY NOTES
Integrity check: passed. Transaction timing verified against 2 independent feeds.
One value alignment exceeds expected vendor drift. Marked.
SOURCE ANCHOR
CryptoSlate: Bitcoin flash crash below $68,000 triggers around $400 million in liquidation in under an hour
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