SOL liquidation heatmap · Liquidation cascades · SOL-2026-09-23-1407

SOL liquidation cascade, 23 Sept 2026, 14:07 UTC

At least $9.05M of SOL positions were liquidated on Binance, Bybit and OKX in 8 minutes, from 14:07 to 14:15 UTC. 99.2% of it was long positions.

Liquidated

$9.05M

99.2% longs · $8.98M longs · $72K shorts

Duration

8 min

14:07–14:15 UTC

Largest single liquidation

$1.37M

long · OKX · 114.55 · 14:11:28 UTC

By exchange

3 venues

Binance $4.92M · Bybit $1.56M · OKX $2.58M

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): 116.35 → 114.61 (low 112.78, high 116.44). Liquidation orders: 458.Recordedan hour after the event · not edited after

SOL liquidation heatmap for the 24 hours around the cascade of 23 Sept 2026, 14:07 UTC, the cascade shaded

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

$8.98M printed near the levels the cascade crossed$128M expected

The liquidation model (liqmap_model_v1, 25–100x) held $128M at the price levels the cascade crossed. $8.98M printed near them, 7% of what it expected. 57 of the 57 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.

XRP$5.91Min 7 min98.5% longs ETH$32.9Min 7 min99.7% 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 SOL liquidation heatmap Liquidations, live All liquidation cascades