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 SHIB liquidation levels around the current price of $0.0₅4469, 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.
Shiba Inu carries a huge dormant holder base and a smaller, hyperactive leverage crowd — and the heatmap only sees the second group. Long stretches of the SHIB map can look quiet while spot holders sit still, then light up abruptly when a narrative (burn-rate news, exchange promotions, a broader meme rotation) pulls leveraged flow back in.
Because SHIB rallies are rotation-driven, its liquidation clusters often mirror DOGE's with a lag: leverage arrives after the first meme leader has already moved. Comparing the two maps side by side is a quick way to judge how mature a meme cycle is — late-cycle SHIB maps show dense long clusters chasing an extended move.
That a large estimated dollar amount of leveraged Shiba Inu positions would be liquidated if price reached that zone. It marks concentration of risk, not a guaranteed price target.
When leveraged open interest is low — common between meme cycles — there is simply little inventory to liquidate, so few zones qualify. The map fills in as new leverage enters.
No. Spot holdings cannot be liquidated and are invisible here. The map covers only leveraged futures positions estimated from exchange open interest.