SOL liquidation heatmap · Liquidation cascades · SOL-2026-09-21-1504
SOL liquidation cascade, 21 Sept 2026, 15:04 UTC
At least $5.17M of SOL positions were liquidated on Binance, Bybit and OKX in 5 minutes, from 15:04 to 15:09 UTC. 0.0% of it was long positions.
Liquidated
$5.17M
100.0% shorts · $1K longs · $5.17M shorts
Duration
5 min
15:04–15:09 UTC
Largest single liquidation
$4.76M
short · Binance · 121.1 · 15:08:36 UTC
By exchange
3 venues
Binance $4.91M · Bybit $113K · OKX $151K

The SOL 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
$5.42M printed near the levels the cascade crossed$4.01M expected
The liquidation model (liqmap_model_v1, 25–100x) held $4.01M at the price levels the cascade crossed. $5.42M printed near them, 135% of what it expected. 2 of the 2 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.