BTC: Liquidation Exposure Heatmap (All Assets)
Shown as its 2–31 Oct 2026 sample; the latest readings and full history are included with Plus.
The estimated liquidations within 5% of every coin's price as a share of its perpetual open interest, one row per coin.
Why use it. Shows which coins carry the most leverage close to the price, where a move of a few percent would force the most positions out relative to the coin's size. How to read it. Coins run down the side, largest open interest at the top, and time runs across; each cell is one coin in one period. Brighter cells hold more estimated liquidations near the price. The summary value is the same share for every coin together.
Calculation. Per coin: 100 x (estimated long liquidations within 5% below + short liquidations within 5% above, from its calibrated liquidation map) / closing perpetual open interest. Source: our own minute-by-minute collection of public futures data across every coin with perpetual futures that CryptoKeyhole covers, from Binance, Bybit, OKX, Deribit, Kraken, Bitfinex, Bitget, Gate, Hyperliquid, KuCoin, HTX, Crypto.com and Coinbase (open interest, funding, and the public liquidation feeds we collect), and our own USD price indexes. Each coin counts with the same values its own charts show. The series start on 24 October 2026, the first day our collection held every coin's open interest, funding, liquidations and price; a coin added later joins on the day its collection begins. A period appears once nine in ten of the coins have published it, so the open hour can trail by a few minutes. Venues we do not collect are not included, so totals understate the whole market.