BTC Liquidation Heatmap

Estimated liquidation levels built from open-interest changes, price action and taker flow — model estimates, not exchange-published figures. Totals are anchored to open interest, with both a long and a short liquidation level per contract; clusters far from the current price are upper-bound estimates, since positions closed voluntarily cannot be observed.
$0≥ $6.30M

Estimated liquidation levels across exchanges, built from open-interest changes, price action and taker flow on our own data — brighter cells mark price zones where more leveraged positions would be liquidated. These are model estimates (leverage cohorts at 10x/25x/50x/100x), not exchange-published figures; dollar values are estimated notional at risk, anchored to open interest. Updates every minute.

The heatmap maps estimated BTC liquidation levels around the current price of $83,363.98, built from open-interest changes and price action across exchanges and anchored to open interest. Cluster sizes are model estimates — upper bounds, not exchange-published figures.

About the Bitcoin liquidation heatmap

The liquidation heatmap maps estimated liquidation levels for crypto futures across price and time, built entirely from Coinfuty's own market data — open-interest changes, price action and taker flow. Each new position the market opens is assigned to a leverage cohort, and the price at which that cohort would be forcibly closed is projected onto the grid. Bitcoin is the default view; the coin selector switches to any of 600+ tracked futures markets.

Reading the map is about contrast. Brighter cells hold more estimated notional at risk, so a bright horizontal band marks a liquidation zone — a shelf of leveraged positions that would be liquidated if price reached it. Zones below the current price are mostly leveraged longs, zones above are shorts, and dense zones often behave like magnets because cascading liquidations accelerate a move once it begins. Switching to a single exchange rebuilds the map from that venue's own open interest and volume, which quickly shows where the crowded side of the market sits.

The leverage models behind the heatmap are transparent — fixed cohorts between 10x and 100x, re-weighted by real Hyperliquid whale positions in Auto mode — and continuously self-checked against liquidations that actually happened. Time windows run from 4 hours to a full year, and the grid re-estimates every minute.

Want the number instead of the map? The cascade simulator turns these levels into a single estimated total for any price shock — drag a slider from −30% to +30% and see how much leverage breaks, per exchange.

Liquidation heatmap, liquidity heatmap or liquidation map?

They are three names for the same chart. Order-book tools coined the liquidity heatmap — a Bitcoin liquidity heatmap, or BTC liquidity heatmap — because the levels double as pools of resting liquidity that price tends to seek out. Derivatives data sites popularised the liquidation heatmap, and traders shorten it to the Bitcoin liquidation map (BTC liquidation map), the Bitcoin heatmap or simply liquidation zones. Whatever the label, a Bitcoin liquidation heatmap is a liquidity chart of where leveraged positions would be forced to close — the same estimate you see above, aggregated across exchanges or rebuilt per venue as a Binance liquidation heatmap, Bybit heatmap or OKX heatmap. Most crypto liquidation maps cover only Bitcoin; here the same BTC heat map exists for every futures coin, so whether you searched for "liquidation heatmap BTC" or "ETH heatmap", you land on the same model with the same backtest.

How accurate is the heatmap? Backtest results

The heatmap is a model, so we measure it against what actually happened. In the walk-forward test below, each day's estimate is built only from data available before that day — a 30-day trailing calibration factor applied to the notional the model says price swept through — and is then compared with the liquidations exchanges actually reported for the same day. The run covers 830 out-of-sample days ending 31 August 2026, after discarding a 120-day warm-up period.

Single days are noisy, but the errors largely cancel as the window grows. Measured over rolling six-month windows — every possible start date in the test, not a handful of hand-picked slices — the gap between estimated and realized liquidation volume has a median of 4.2% on Bitcoin and Ethereum, and 96–98% of those windows land within ±10%.

CoinDaily correlation (r)Median error, 6-month window6-month windows within ±10%Total over the full 830 days
BTC0.783.9%96%−3.2%
ETH0.773.7%98%−2.3%
SOL0.734.8%71%−6.4%
XRP0.835.9%69%−6.5%
DOGE0.666.4%67%−1.7%

Read those numbers as accuracy in aggregate over time, not per price level. Shorter horizons are looser: quarterly windows average 6–8% error and individual quarters have missed by more than 20%, while a single day routinely misses by tens of percent. The map is much better at showing where leverage sits and when it gets cleared than at naming an exact dollar figure.

Two caveats worth stating plainly. Realized liquidation volume is a lower bound — only exchanges that publish liquidation data count toward it, so part of the model's negative bias is simply volume nobody reports. And accuracy improves with horizon precisely because the trailing calibration keeps correcting itself; none of this implies that any single cell on the grid is accurate to 4%.

Frequently asked questions

What is a liquidation heatmap?

A liquidation heatmap is a price-by-time chart that estimates where leveraged futures positions would be forcibly closed. Each cell's brightness shows how much notional value would be liquidated if price reached that level, revealing the zones where forced buying or selling is most likely to ignite.

What do the bright bands on the heatmap mean?

Bright bands are liquidation zones — price levels holding a large amount of estimated at-risk positions. They often act as magnets: once price trades into the zone, forced closes add fuel to the move, and the band fades as that inventory is cleared from the market.

How is the Bitcoin liquidation heatmap built?

The default view models BTC futures: every bar, changes in open interest are distributed across leverage cohorts from 10x to 100x, and each cohort's liquidation price is projected onto the grid. The cohort weights are calibrated against realized liquidations and real Hyperliquid whale positions, and the map refreshes every minute.

Are these actual liquidation orders on exchanges?

No. Exchanges do not reveal the liquidation prices of open positions, so no heatmap can display them directly. Coinfuty's levels are transparent model estimates anchored to open interest — treat them as zones of concentrated risk, not exact trigger prices.

How accurate is the liquidation heatmap?

We backtest it walk-forward: each day's estimate is built only from data available before that day, then compared with the liquidations exchanges actually reported. Across 830 out-of-sample days, rolling six-month windows show a median gap of about 4% between estimated and realized liquidation volume on Bitcoin and Ethereum, and 96-98% of those windows land within 10%. A single day or a single price level is far looser — the map is built to show where leverage sits and when it gets cleared, not to predict an exact dollar amount.

Is this an aggregate liquidation heatmap or a per-exchange one?

Both. The default map is an aggregate liquidation heatmap that sums estimated levels across major futures exchanges, so a bright band reflects leverage stacked market-wide. Pick a venue in the exchange selector to rebuild it as a Binance liquidation heatmap, Bybit heatmap or OKX heatmap from that exchange's own open interest and volume — useful when one venue holds a crowded side that the aggregate view dilutes.

How do I read the colours on the BTC heat map?

Colour encodes estimated notional at risk: dark cells hold little, bright yellow or white cells hold the most. Read horizontally — a bright band that persists across many columns is a liquidation zone that has survived several approaches, while a band that suddenly goes dark has just been swept. Bands below price are mostly long liquidations, bands above are shorts, and the palette switch changes the colour ramp without changing the underlying estimates.

Which coins and exchanges does the heatmap cover?

Every actively traded futures coin on Coinfuty — over 600 markets — viewable aggregated across major exchanges or per venue. Each coin has a dedicated heatmap page of its own: the largest, from Ethereum to Dogecoin, are linked at the bottom of this page, and the coin selector takes you to the rest.

Go deeper

Coin liquidation heatmaps