Leverage is the Hydra. Every overextended long and short is a head. When price swings the blade, heads roll: a liquidation, the exchange closing the bet for you at the worst moment. Cut one head and two grow back: within minutes fresh degens borrow again at the same levels.
The bladeThe gold line is the live price (median of four venues) with its last five minutes trailing behind.
NestsThe glow. Where leveraged positions would be wiped if price got there: rose above (shorts), green below (longs). A model estimate.
Head cutsConfirmed liquidations from Binance, Bybit and OKX. Bigger kill, bigger blast. $100K+ heads fly off.
LordsViolet eyes: the biggest Hyperliquid positions, pinned where they get liquidated.
BitesLive market orders. Green bites up into shorts, red bites down into longs.
WallsBig resting orders in the Hyperliquid and OKX books.
Everything runs in your browser from public exchange feeds. No wallet, no sign-up, nothing here is advice. Binance reports at most one liquidation per symbol per second, so cascades are undercounted.
Waking the Hydra…