Liquidation Heatmap

A crypto liquidation heatmap is a visualization showing where leveraged futures positions are likely to be liquidated at specific price levels. It helps traders identify price zones with high concentrations of stop-losses and liquidation triggers, which can act as magnets for price movement during volatile periods.

Liquidation levels are estimated based on common leverage multiples (2x, 3x, 5x, 10x, 20x, 25x, 50x, 100x) applied to the current price. For a long position at Nx leverage, liquidation occurs near price × (1 - 1/N). For shorts, it's price × (1 + 1/N). The intensity reflects the popularity of each leverage level based on historical patterns.

Open interest represents the total number of outstanding futures contracts that have not been settled. It measures the total amount of money flowing into the futures market for a given asset. Rising open interest with rising prices typically confirms an uptrend, while rising OI with falling prices may signal growing short pressure.

The long/short ratio shows the proportion of traders holding long (bullish) versus short (bearish) positions. A ratio above 1 means more traders are long, while below 1 means more are short. Extreme readings in either direction can signal potential reversals, as crowded trades become vulnerable to squeezes.

This page aggregates data from three major cryptocurrency derivatives exchanges: Binance Futures, Bybit, and OKX. Together, these exchanges account for the majority of global crypto futures trading volume. Data is fetched from their public APIs and refreshed every 5 minutes.

Liquidation clusters act as price magnets because when price approaches a cluster, it triggers a cascade of forced closures. This creates additional selling (for long liquidations) or buying (for short liquidations) pressure, often amplifying price moves. Traders use this information to identify potential support/resistance zones and anticipate volatility spikes.

The liquidation data is refreshed every 5 minutes from live exchange APIs. Open interest, trading volume, and price data are all updated simultaneously. The client automatically polls for fresh data, so you always see near-real-time information without needing to refresh the page.