# Liquidation Bursts Liquidation bursts: liquidations per bar mirrored, longs below zero and shorts above, with unusually large bursts highlighted. ## How to read it - Bars far above their recent average (z-score) are drawn in full colour, the rest faded. - Long-liquidation bursts often appear at capitulation lows, short bursts at squeeze highs. - Bursts with a sharp OI drop mean leverage is being flushed. ## Key settings - Length 50; minimum z-score 3. ## 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)