Model · updated every 5 minutes

Ethereum liquidation heatmap

Where leveraged Ethereum futures positions would be liquidated, estimated from open interest on Binance, Bybit and OKX, and checked against the liquidations that really happened. ETH 2,485. Last updated 21 Oct 2026, 13:14 UTC.

Longs at risk, 2 % below$7.8Mif ETH falls to 2,435
Shorts at risk, 2 % above$217Mif ETH rises to 2,535
Largest cluster below2,365$12M · -4.8 %
Largest cluster above2,536$20M · +2.1 %
longsshortsbrighter = more to liquidate

Last three days, one column per 15 minutes, 1 USD price levels. Hover the map for the estimated amount. Price: Binance ETHUSDT perpetual.

Does the model line up with reality? In the last 51 hours (612 five-minute windows) we compared what the model expected to be liquidated with the real liquidations on Binance, OKX and Bybit. Rank correlation: 0.56 for longs and 0.60 for shorts. Price movement alone (how far price fell or rose in the window) scores 0.38 and 0.43. A higher number means the map was better at saying when the liquidations would come. Recomputed every 5 minutes.

Largest clusters above price

Shorts that would be liquidated if ETH rises there.

PriceFrom nowEst. value
2,499+0.57 %$11M
2,508+0.93 %$13M
2,509+0.97 %$12M
2,510+1.01 %$13M
2,536+2.06 %$20M
2,598+4.55 %$11M
2,653+6.77 %$14M
2,683+7.97 %$17M

Largest clusters below price

Longs that would be liquidated if ETH falls there.

PriceFrom nowEst. value
2,365-4.82 %$12M
2,347-5.55 %$9.4M
2,314-6.88 %$9.7M
2,290-7.84 %$8.8M
2,219-10.70 %$9.0M
2,218-10.74 %$11M
2,199-11.51 %$9.3M
2,194-11.71 %$10M

How much sits near the price

Distance from 2,485Longs belowShorts above
Within 1 %$173k$93M
Within 2 %$7.8M$217M
Within 5 %$180M$416M

How the map is made

These are assumptions. Real leverage and how traders close positions are not public, so treat the bands as estimates. For liquidations that really happened, see Ethereum liquidations today.

Real liquidations today Open the live order bookETH levels now

FAQ

What is a Ethereum liquidation heatmap?

A map of the prices where leveraged Ethereum futures positions would be closed by force if price got there. Bright bands mean more estimated liquidations at that price. Below the price they are long positions, above the price short positions.

Is this real data?

The inputs are real: open interest, prices and trade flow from Binance, Bybit and OKX. The levels are an estimate. Exchanges do not publish where each position would be liquidated, so the map assumes how much leverage new positions use. Every liquidation heatmap works this way; we show our assumptions and check the result against real liquidations.

How is it calculated?

When open interest rises in a 5-minute window, new positions were opened at that window's price. They are split into longs and shorts by the share of aggressive buying and selling on Binance in the same window, and spread over a fixed leverage mix (5x, 10x, 25x, 50x and 100x). Each one gets a liquidation price. When open interest falls, all open levels shrink by the same share. When price trades through a level, it is removed, because those positions were liquidated.

Will price move to the brightest band?

The map shows where forced orders would sit, not where price will go. Large clusters are often talked about as magnets; this page does not claim that. It is a description of estimated positioning, not a forecast or advice.

Why is it different from CoinGlass or Hyblock?

Each site uses its own assumptions for leverage and for how positions close, and its own exchanges. That changes where the bands sit and how bright they are. Ours is free, needs no sign-up, and shows how well it lined up with real liquidations.

How often is it updated?

Every 5 minutes. Each column on the map is 15 minutes, and the map shows the last three days.

Model by Swiftedge. Inputs: Binance, Bybit and OKX public market data. Estimates only, not financial advice.