MarketTrace

SOL liquidation cascade, 8 Nov 2026, 21:50 UTC

At least $18.3M of SOL positions were liquidated on Binance, Bybit and OKX in 10 minutes, from 21:50 to 22:00 UTC. 99.8% of it was long positions.

Liquidated
$18.3M
99.8% longs · $18.3M longs · $33K shorts
Duration
10 min
21:50–22:00 UTC
Largest single liquidation
$968K
long · Binance · 85.29 · 21:55:38 UTC
By exchange
3 venues
Binance $12.2M · Bybit $5.87M · OKX $277K
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): 88.02 → 85.92 (low 84.66, high 88.09). Liquidation orders: 1272.Recordedan hour after the event · not edited after
SOL liquidation heatmap for the 24 hours around the cascade of 8 Nov 2026, 21:50 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

$14.8M printed near the levels the cascade crossed$184M expected

The liquidation model (liqmap_model_v1, 25–100x) held $184M at the price levels the cascade crossed. $14.8M printed near them, 8% of what it expected. 47 of the 48 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.