BTC liquidation heatmap · Liquidation cascades · BTC-2026-10-02-0416
BTC liquidation cascade, 2 Oct 2026, 04:16 UTC
At least $44.6M of BTC positions were liquidated on Binance, Bybit and OKX in 9 minutes, from 04:16 to 04:25 UTC. 0.1% of it was long positions.
Liquidated
$44.6M
99.9% shorts · $39K longs · $44.6M shorts
Duration
9 min
04:16–04:25 UTC
Largest single liquidation
$11.8M
short · Binance · 86,908.3 · 04:20:51 UTC
By exchange
3 venues
Binance $33.6M · Bybit $7.47M · OKX $3.54M

The BTC liquidation heatmap around the cascade, its minutes shaded: expected levels in violet, liquidations that printed in orange (longs) and blue (shorts).
What the model expected at these levels
$53.7M printed near the levels the cascade crossed$862M expected
The liquidation model (liqmap_model_v1, 25–100x) held $862M at the price levels the cascade crossed. $53.7M printed near them, 6% of what it expected. 25 of the 25 crossings had liquidations printed near them. How the model and this score work
Source
MarketTrace's own liquidation tape from the Binance, Bybit and OKX feeds. An event is drawn from it once it has been over for an hour and is not edited after.