# Liquidations Liquidated long and short positions per bar, showing where forced selling or buying hit the market. ## How to read it - Long liquidations come from falling price; short liquidations from rising price. - Large clusters often mark capitulation or squeeze extremes. - Compare with OI: liquidations with a sharp OI drop mean leverage is being flushed. ## Good to know - Drawn in its own pane below the chart. - Hyperliquid does not publish liquidations, so the pane stays empty there. [Learn more in the Academy →](#derivatives-data)