SOL liquidation cascade, 29 Oct 2026, 20:38 UTC

At least $20.2M of SOL positions were liquidated on Binance, Bybit and OKX in 14 minutes, from 20:38 to 20:52 UTC. 98.9% of it was long positions.

Liquidated
$20.2M
98.9% longs · $20.0M longs · $225K shorts
Duration
14 min
20:38–20:52 UTC
Largest single liquidation
$989K
long · Binance · 95.63 · 20:43:17 UTC
By exchange
3 venues
Binance $14.4M · Bybit $4.93M · OKX $872K
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): 98.53 → 96.68 (low 94.77, high 98.66). Liquidation orders: 1234.Recordedan hour after the event · not edited after
SOL liquidation heatmap for the 24 hours around the cascade of 29 Oct 2026, 20:38 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

$20.0M printed near the levels the cascade crossed$211M expected

The liquidation model (liqmap_model_v1, 25–100x) held $211M at the price levels the cascade crossed. $20.0M printed near them, 9% of what it expected. 69 of the 69 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.

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.