To do that, we will analyze the most important liquidations in terms of liquidated amounts during the past year (from November 2nd, 2020 to November 2nd, 2021). From that, we will only select the 10 most important of them, which will give us the top 10 liquidation events of the year.

As we can see from the table, the top liquidated event was on May 19th, 2021 when someone liquidated a total of 4,638,724, an extremely huge move! If we look deeper, the 3rd top liquidation was from the same liquidator and at the same date, and got liquidated another 1,541,520! Then the second most important liquidation was on May 31st, 2021, and got liquidated 1,623,767.

Furthermore, if we look at the chart, we can observe that most of the liquidations were executed during the 2nd mid of May 2021, it seems that it could be done due to bear market conditions, so most people got liquidated for this reason.