How Liquidation War works
The terrain is a price axis: markers sit at fixed dollar steps, and the glowing front line sits exactly at the current mid price (average of Binance, Coinbase and Kraken). When the price rises, the Bulls advance to the right; when it falls, the Bears push to the left.
- Source: “Aggregated spot” combines the spot order books of Binance (USDT), Coinbase and Kraken (USD); the price is the average of their mids. Single exchanges can be selected for the depth chart.
- Troops scale with the bid and ask liquidity in the visible price range. Tanks stand for the largest order book walls. The colored shading at the front shows where liquidity is building up.
- Large trades (taker buys/sells above a threshold) trigger artillery salvos from their side.
- Liquidations (Binance Futures, Bybit, OKX): liquidated longs hit the Bulls, liquidated shorts hit the Bears. Depending on size: artillery, helicopter, jet or bombing run.
- Rounds: after the betting window, the battle starts around the current price. When the price breaks through a yellow end zone, that side wins the round.
This is a visualization of the current market structure, not a forecast and not investment advice. Order book walls can disappear at any time.