Bid liquidity removed
Updated
What is Bid liquidity removed?
Bid liquidity removed is a market-data metric BlackForge measures for every listed pair on nine spot exchanges, once per closed five-minute window. Gross decrease in buy-side resting size across the window, with trades at the same price within 500 ms netted out (measured to remove under 0.3% of the total).
The facts
| Unit | quote |
|---|---|
| Family | Book churn |
| Key | bidLiqRemoved |
| Quote-relative | Yes |
| Nullable | No |
| Plottable | Yes |
| Available from | Max plan |
Live across all nine venues
Bid liquidity removed for BTC-USDT, as measured in the latest closed window on each venue. Observed . A venue with no reading for this window shows an em dash — nothing is invented.
| Venue | Symbol | Bid liquidity removed |
|---|---|---|
| Binance | BTCUSDT | 278,001,294 |
| Bitget | BTCUSDT | 256,544,795 |
| Bybit | BTCUSDT | 137,638,914 |
| Coinbase | BTC-USDT | 14,688,786 |
| Gate | BTC_USDT | 50,585,846 |
| Kraken | BTCUSDT | 47,676,242 |
| Kucoin | BTC-USDT | 166,471,320 |
| Mexc | BTCUSDT | 15,458,114,450 |
| Okx | BTC-USDT | 418,692,564 |
Query it
Bid liquidity removed is one field on the wide row /v1/latest returns for a pair. Set $BF to the API base and read it at .values.bidLiqRemoved:
curl -H "x-api-key: $BLACKFORGE_API_KEY" \
"$BF/v1/latest?exchange=binance&symbol=BTCUSDT"
# read the value at: .values.bidLiqRemovedRelated
Liquidity added and removed, price levels changed, and how long a level survives before it is pulled.
Defined in the glossary: Liquidity added and removed, Resting order lifetime.
← All Book churn and every other metric · Coverage by venue
What is Bid liquidity removed?
Bid liquidity removed is a market-data metric BlackForge measures for every listed pair on nine spot exchanges, once per closed five-minute window. Gross decrease in buy-side resting size across the window, with trades at the same price within 500 ms netted out (measured to remove under 0.3% of the total).
How is Bid liquidity removed measured?
BlackForge computes Bid liquidity removed from each venue’s own order book and trades for every listed pair, once per closed five-minute window, and records it as quote. Because it is quote-relative, it is expressed in the pair’s quote asset. The value is stored exactly as observed.
Which plan includes Bid liquidity removed?
Bid liquidity removed is available from the Max plan upward, and on pay-per-call over x402. See pricing for the full plan ladder.
Does Bid liquidity removed predict where price will go?
No. Bid liquidity removed is a measurement of what the order book or trade tape showed in the window. It carries no view on future price, and BlackForge scores nothing — every metric is a measurement, not a call.