Crypto futures · Liquidation heatmap

BTC liquidation heatmap, live

Expected liquidation levels from open interest, next to the liquidations that actually printed on Binance, Bybit and OKX.

Liquidated · 24h
$63.32M
95% longs · 5% shorts
Liquidated · 7 days
$285.23M
22% of it is this 24h map · largest $12.06M short, 20 Oct
Hyperliquid holds 19% of BTC open interest and has no liquidation feed, so it is not on the map.Maplive · 60 sNumbers
Asset
Window
Venues
Loading the 24h map · usually under a second
expected realized long realized short liquidations ≥ $1M

Expected levels within 10% of $81,407

as of 19:45 UTC

Where open interest still on the books would be liquidated under the model. Not orders on the book. Hover a row to see it on the map.

LevelDistanceSideExpected at 25–100x
shorts · a rise liquidates
+7.61%shorts$38.65M
+4.90%shorts$37.88M
+4.48%shorts$59.92M
+4.41%shorts$44.83M
+4.35%shorts$52.66M
$81,407last price · 19:45 UTC
longs · a drop liquidates
−1.42%longs$52.05M
−1.48%longs$56.91M
−1.73%longs$52.44M
−3.20%longs$50.59M
−3.33%longs$69.04M

A level price trades through leaves this table; on the map its band ends there and any liquidations that printed stay as orange or blue cells. How the model works

Liquidation cascades

All cascades →5 with BTC · 30 days
Pro · not on sale yet

7 and 30 days in Pro

The free map is the last 24 hours. Pro, not on sale yet, will add the 7-day and 30-day windows, each leverage as its own layer, long and short levels in two colours, a mark where expected levels were hit, and CSV export of the inputs.

$4.99 / month · $49 / year · one email when it opens
BTC liquidation heatmap, last 30 days
Anatomy

What a liquidation heatmap shows

Two layers on one price chart: a model of open positions and a record of what the venues printed.

Liquidation heatmap — anatomy

Click a layer to isolate it on the map.
Static sample · 15-min steps · BTC
expectedrealized longrealized short≥ $1MBinanceBybitOKX
Expected levels
Where open positions would be force-closed

A band sits at the price where open interest that is still on the books would be liquidated, if it was opened at 25, 50 or 100x in equal parts. Brighter means more dollars at that price. A band starts when that open interest arrived and ends the moment price trades through it, because those positions are gone.

Heatmap 101

How to read a liquidation heatmap — five things, in order

Each one builds on the last. The same colours and shapes as the live map above.

01Concept

The grid: time × price

Each column is one 15-minute step; each row is one price step. Read left to right for the timeline and up and down for where things sit against the white price line. Zooming widens the columns; the grid stays the same.

02Concept

Expected comes from open interest

Exchanges publish open interest, not the leverage behind it. Each rise in open interest is split into three lots at 25, 50 and 100x, and each lot gets its liquidation level from that leverage and the venue's maintenance margin. 100x sits about 0.5% from the entry, 25x about 3.5%. The three lots draw as one violet band per price.

03Concept

Realized comes from the venues' feeds

Orange and blue cells are liquidations Binance, Bybit and OKX actually published, placed at the trade price when one is known and inside the step's range when it is not. Longs print as price falls, shorts as it rises. This layer is a measurement; the violet layer is a model.

04Concept

A band ends where price traded through it

Once price crosses a level, the positions behind it are gone, so the band ends at that column. A long bright band that runs on to the newest column is open interest still waiting; a band that ended with cells around its end is a level the tape confirmed.

05Concept

A cascade shows on every layer at once

The price line drops through a band, orange cells stack along the drop, a ring marks $1M or more in a candle, the tape below grows a tall bar and the profile on the right gains a wide one at that price. Four views of the same minutes.

Reference

What every element on the map means

One card per element, including the ones the legend does not name.

Expected band

Horizontal, across the map

Open interest that would be liquidated at this price under the model. Brighter is more dollars. Starts when the positions arrived, ends when price trades through.

Long cell

Orange, usually under a falling price

Long positions the venues liquidated in that step at that price. Intensity is the dollars in the cell.

Short cell

Blue, usually over a rising price

Short positions liquidated in that step at that price. Same scale as the orange cells.

Ring

Over the cells

Liquidations of $1M or more, one ring per candle and side, sized by the total. Outline colour is the side. Hover for size, venue and time.

Price profile

Right of the price axis

Realized liquidations summed by price, coloured by venue: yellow Binance, orange Bybit, green OKX. Switching a venue off removes its share.

Hourly tape bar

Under the map

Realized liquidations per hour, longs in orange above the zero line and shorts in blue below it. The pane has its own dollar axis.

Price line · candles

White, across the map

Close of each step; Layers switches to candles coloured green up, red down. Hover shows the step's O H L C and its liquidated longs and shorts.

Last-price tag

On the price axis

The latest price. Violet tags appear on the axis when you hover a level in the table below the map, with an arrow when the level is off the visible range.

Freshness dot

Right end of the toolbar

Green: the map redrew within the last minute. Amber: the last update failed and the map shows the previous step; hover it for the time.

Coverage notice

Under the map, only when needed

Appears when the window has a feed gap or the archive is still filling, with the reason. The ⓘ menu on the map carries the same facts at all times.

Controls

Liquidation heatmap controls

Mouse or trackpad, nothing to install. Window, venues and layers travel in the link.

Window & venues
click
24h is the free window7d and 30d open the Pro note
click
Toggle a venueat least one venue stays on; the profile and the tape follow
+4
More assetseach asset has its own map and numbers
Layers
click
Line or candlescandles colour green up, red down
check
Five map layersexpected · realized · rings · profile · tape
reset
Back to all fivelayer state travels in the link you copy
Zoom & pan
scroll
Zoom the time axisinto any part of the 24h window
drag
Pan along timeonce zoomed in; drag the price axis to stretch prices
⟲
Back to the full 24h− and + step the zoom without the wheel
Read-outs
hover
A steptime, O H L C, longs and shorts liquidated
hover
A band or a ringexpected dollars and distance · size, venue, time
ⓘ
How the map is builtleverage, sources, coverage and track record
Disclaimer

Expected levels are a model, not orders — and not a signal

Read the map as a record and an estimate side by side.

An estimate checked against the tape, nothing more.

Violet bands are where open positions would be force-closed if they were opened at 25, 50 or 100x. No exchange publishes leverage, so the model assumes it and is scored against real liquidations every hour; the score publishes once the archive holds 90 days of tape, with feed gaps under 1% and the model unchanged for 30 days. The cells are what the venues print: Binance at most one liquidation per second, OKX a sample, Hyperliquid nothing. None of it is advice on what price will do. The model and its rules: methodology. Agents read the same bands and prints through the crypto MCP server.

No signals
Versus

Liquidation heatmap vs liquidation map vs order book heatmap

Three different pictures that often share a name.

FeatureLiquidation heatmapthis pageLiquidation mapOrder book heatmap
What it showsExpected levels from open interest and the liquidations that printed, over timeExpected levels at one moment, as bars by priceResting limit orders in the book, over time
Time axisYes — you see where levels formed and which ones price tookNo — a snapshot; the table under this map is that view in textYes
Data sourceOpen interest per time step + the venues' liquidation feedsOpen interest at one momentOrder book snapshots
AnswersWhere would open positions be force-closed, and did it happenWhere would open positions be force-closed, right nowWhere are orders waiting
On MarketTraceThis pageThe levels table under the mapBook depth

How this map compares with CoinGlass's heatmap, row by row: CoinGlass vs MarketTrace.

FAQ

Frequently asked questions

Is this liquidation heatmap free?

Yes: the 24h map, the levels table under it and the liquidation tape behind them are free, without an account. Maps over 7 and 30 days, each leverage as its own layer and CSV export will be part of Pro, which is not on sale yet.

How accurate are liquidation heatmaps?

Nobody can say before checking the estimate against at least 90 days of real liquidations, and that is the rule here. Exchanges do not publish leverage, so every heatmap assumes it; this one assumes 25x, 50x and 100x in equal parts and checks every crossed level against the tape each hour. The result is published once there are at least 90 days of tape, with feed gaps under 1% and the model unchanged for 30 days.

Why is Hyperliquid not on the map?

Hyperliquid is 1 of the 4 venues MarketTrace tracks and the only one with no liquidation feed, so there is nothing realized to draw for it, and its open interest is left out of the expected layer too. Right now Hyperliquid holds 19% of BTC open interest.

What leverage does the heatmap assume?

25x, 50x and 100x in equal parts: each rise in open interest is split into three lots, one per leverage. Each lot is liquidated at the level its leverage and the venue's maintenance margin give; Pro, not on sale yet, will show each leverage on its own.

How often does it update?

Every 60 seconds the page checks for new data, and the map adds a column each time a step of open interest closes, so its newest column is at most one step old. Right now a step is 15 minutes. The live liquidation tape shows each liquidation within seconds.