Anchor Liquidations vs LUNA Price

    This dashboard provides a comparison between Anchor liquidations and the price of LUNA over time. In the conclusion, any potential correlations will be discussed.

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    Conclusion

    When analysing both charts, a potential correlation between the two graphs can be seen. Any time there is a sharp decrease in price, the amount of liquidations increase. This phenomenon can be explained by the way liquidations work. Simply explained, a position is liquidated if the price of an asset drops below a certain USD value. Therefore, when the price suddenly drops quickly, there is less time to manually close the position and the chances of liquidation increase.

    Examples of dates when the price of LUNA went down and the liquidation numbers shot up:

    • April 18th
    • May 19th
    • September 7th
    • September 20th

    The price of LUNA is plotted on log scale to better accentuate differences in price.