‹ liquidationsAZTECConfirmed (lower bound)

fired trail: hourly × price cells of confirmed liqs (lower bound) — rose = longs flushed, green = shorts · line = 1h close from our own archive · 1h liq/OI: 1h confirmed liq notional ÷ venue open interest (snapshot ≤30 min old). Normalizes flush size: a small flush on a small perp reads as the event it is. Highlighted at ≥10‰ = 1% of OI flushed in an hour. known map: Venue-computed liquidation prices of positions held by our self-harvested watch registry (top wallets by 30d large-taker notional). Known positions only — a lower bound on the real liquidation mass, never an estimate. re-levering: Σ venue-reported position value across watch-registry wallets holding this coin at risk, snapshotted once per sweep cycle (~20 min). Known positions only — a lower bound; re-levering after a flush = forward pressure rebuilding. snapback: Of closed cascade episodes (30d), the share where price traded back to the last pre-episode 15m close within the horizon — measured on our own candle archive, direction = the flushed side. Confirmed episodes only (lower bound). pair edge: Cascade episodes on an eligible pair's leg where the pair's frozen-plan z was stretched (|z| ≥ 1σ) at episode open — the share where the spread sat closer to its mean at the horizon, on archived 15m closes. 30d window, confirmed episodes only (lower bound).