HYPE liquidation heatmap · Liquidation cascades · HYPE-2026-11-14-2110
HYPE liquidation cascade, 14 Nov 2026, 21:10 UTC
At least $20.0M of HYPE positions were liquidated on Binance, Bybit and OKX in 9 minutes, from 21:10 to 21:19 UTC. 100.0% of it was long positions.
Liquidated
$20.0M
100.0% longs · $20.0M longs · $597 shorts
Duration
9 min
21:10–21:19 UTC
Largest single liquidation
$5.62M
long · Binance · 58.78 · 21:14:44 UTC
By exchange
3 venues
Binance $19.2M · Bybit $574K · OKX $278K

The HYPE 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
$14.4M printed near the levels the cascade crossed$2.90M expected
The liquidation model (liqmap_model_v1, 25–100x) held $2.90M at the price levels the cascade crossed. $14.4M printed near them, 496% of what it expected. 19 of the 22 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.