MarketTrace
BTC liquidation heatmap · Liquidation cascades · BTC-2026-11-14-2204

BTC liquidation cascade, 14 Nov 2026, 22:04 UTC

At least $37.4M of BTC positions were liquidated on Binance, Bybit and OKX in 9 minutes, from 22:04 to 22:13 UTC. 99.4% of it was long positions.

Liquidated
$37.4M
99.4% longs · $37.2M longs · $218K shorts
Duration
9 min
22:04–22:13 UTC
Largest single liquidation
$4.49M
long · Binance · 63,442.3 · 22:08:39 UTC
By exchange
3 venues
Binance $24.3M · Bybit $11.7M · OKX $1.37M
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): 64,246.6 → 63,415 (low 63,271, high 64,279.9). Liquidation orders: 1263.Recordedan hour after the event · not edited after
BTC liquidation heatmap for the 24 hours around the cascade of 14 Nov 2026, 22:04 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

$37.1M printed near the levels the cascade crossed$236M expected

The liquidation model (liqmap_model_v1, 25–100x) held $236M at the price levels the cascade crossed. $37.1M printed near them, 16% of what it expected. 16 of the 16 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.

Live BTC liquidation heatmapLiquidations, liveAll liquidation cascades