MarketTrace
BTC liquidation heatmap · Liquidation cascades · BTC-2026-11-08-2151

BTC liquidation cascade, 8 Nov 2026, 21:51 UTC

At least $131M of BTC positions were liquidated on Binance, Bybit and OKX in 8 minutes, from 21:51 to 21:59 UTC. 99.5% of it was long positions.

Liquidated
$131M
99.5% longs · $130M longs · $697K shorts
Duration
8 min
21:51–21:59 UTC
Largest single liquidation
$36.4M
long · Binance · 72,894.59 · 21:55:39 UTC
By exchange
3 venues
Binance $85.6M · Bybit $44.1M · OKX $1.53M
Totals are what the exchanges' feeds printed, so they are a floor: Binance sends at most one liquidation per symbol per second, and OKX publishes a sample. Price (1-minute candles): 75,273.3 → 74,111 (low 73,333, high 75,293). Liquidation orders: 3162.Recordedan hour after the event · not edited after
BTC liquidation heatmap for the 24 hours around the cascade of 8 Nov 2026, 21:51 UTC, the cascade shaded

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

$89.5M printed near the levels the cascade crossed$1.56B expected

The liquidation model (liqmap_model_v1, 25–100x) held $1.56B at the price levels the cascade crossed. $89.5M printed near them, 6% of what it expected. 42 of the 42 crossings had liquidations printed near them. How the model and this score work

Same minutes, other assets

Bursts that started within five minutes of this one.

DOGE$6.42Min 8 min100.0% longsXRP$14.0Min 8 min99.9% longsETH$219Min 10 min99.1% longsSOL$18.3Min 10 min99.8% longs

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.

Live BTC liquidation heatmapLiquidations, liveAll liquidation cascades