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 WLD liquidation levels around the current price of $0.3422, 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.
WLD is a market where the supply schedule is the story: a small circulating float against a large total supply means unlocks and distribution events dominate positioning. Traders lever up around these known dates, and the heatmap regularly shows shelves forming ahead of them — shorts betting on unlock pressure above price, dip-buyers with leverage below.
The thin float cuts liquidity in both directions, so WLD reaches distant liquidation zones more easily than its market cap suggests. Zones that look safely out of range on a calm day are realistic targets during an unlock week, which makes the aggregated map worth checking against the per-exchange views to see where the exposed inventory actually sits.
Unlocks are scheduled, public supply events, and traders position for them in advance. That pre-positioning is leveraged, so it prints estimated liquidation zones on the map before the event itself.
Not directly — it models only open interest, price and flow. But because traders position around unlocks, their footprint appears in the data the model reads.
Further than for most coins of similar size: thin float means outsized moves. Zones 15-25% away have been reached repeatedly in past unlock and news weeks.