| Exchange | Total liq 24H | Long liq 24H | Longs share | Short liq 24H | Shorts share |
|---|---|---|---|---|---|
| $43.8M | $35.1M | 80.1% | $8.7M | 19.9% | |
| $20.5M | $4.6M | 22.6% | $15.9M | 77.4% | |
| $9.2M | $992.2K | 10.7% | $8.3M | 89.3% | |
| $8.7M | $7.4M | 85.4% | $1.3M | 14.6% | |
| $5.9M | $4.4M | 75.0% | $1.5M | 25.0% | |
| $4.8M | $1.6M | 32.6% | $3.2M | 67.4% | |
| $3.1M | $3.1M | 99.5% | $13.9K | 0.5% |
This page tracks actual ETH liquidation events — leveraged positions force-closed by exchanges because margin ran out — captured live from exchange websocket feeds as they happen. Unlike the liquidation heatmap, which estimates where leverage sits before it unwinds, these are the real force-closes that already occurred: the long and short positions that were actually wiped over the last 24 hours.
The split between long and short liquidations is a direct read on which way Ethereum moved and who got hurt. A 24-hour window dominated by long liquidations means price fell hard enough to margin-call leveraged bulls; a window dominated by shorts means a squeeze ran hard enough to blow out bears. When the two are close, the market whipsawed both sides.
Large ETH liquidation totals are both a symptom and a cause of volatility. Because liquidations execute as market orders, a cluster of forced closes pushes price further in the same direction, which triggers more liquidations — the cascade that turns an ordinary move into a violent one. Watching the running total shows when Ethereum is in one of those self-reinforcing phases.
A liquidation is a leveraged Ethereum (ETH) position that an exchange force-closes because the trader's margin fell below the maintenance requirement. Long positions are liquidated when price drops far enough; shorts are liquidated when price rises far enough. The figures here are the real events captured from exchange feeds over the last 24 hours, not an estimate.
The heatmap estimates where leverage is stacked before it unwinds — a forward-looking map of potential liquidation levels. This page shows liquidations that have already happened: the actual long and short positions force-closed in the last 24 hours. One is a prediction of where stops sit; the other is a record of which ones got hit.
It tells you which side Ethereum punished. Heavier long liquidations mean price fell sharply enough to wipe leveraged bulls; heavier short liquidations mean a squeeze blew out bears. A roughly even split points to two-way volatility with no clear directional flush.
Liquidations execute as market orders, so they hit the book immediately at whatever price is available. A cluster of forced long closes sells into a falling market, pushing price lower and triggering more liquidations — a cascade. The same happens in reverse during a short squeeze. Large liquidation totals often mark the most violent part of a move.
Liquidation events are captured from live exchange websocket feeds as they occur and aggregated over a rolling 24-hour window. The totals update continuously as new liquidations are recorded.