ETH liquidation heatmap · Liquidation cascades · ETH-2026-10-24-1515
ETH liquidation cascade, 24 Oct 2026, 15:15 UTC
At least $26.4M of ETH positions were liquidated on Binance, Bybit and OKX in 5 minutes, from 15:15 to 15:20 UTC. 100.0% of it was long positions.
Liquidated
$26.4M
100.0% longs · $26.4M longs · $10K shorts
Duration
5 min
15:15–15:20 UTC
Largest single liquidation
$11.8M
long · Binance · 2,289.89 · 15:15:29 UTC
By exchange
3 venues
Binance $21.2M · Bybit $4.84M · OKX $434K

The ETH 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
$26.4M printed near the levels the cascade crossed$299M expected
The liquidation model (liqmap_model_v1, 25–100x) held $299M at the price levels the cascade crossed. $26.4M printed near them, 9% of what it expected. 28 of the 28 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.