Bitcoin Liquidation Heatmap: Live BTC Liquidation Levels
This heatmap shows where Bitcoin traders have stacked leveraged bets. Bright bands mark price levels where a lot of positions would be force closed at once. Price tends to move fast when it reaches one.
Price, funding, and open interest refresh live from public exchange data.
Live Bitcoin liquidation heatmap
Price runs up the side. Time runs left to right, ending at now. The brighter a band, the more leveraged positions sit at that level.
Data source: CoinGlass liquidation heatmap model. These are modeled estimates built from open interest and typical leverage levels, not exact position records. Compare how bright bands are against each other rather than reading any single value as a hard number.
Strongest levels right now
These are the heaviest bands the heatmap is currently showing, pulled straight from the same data that draws the chart above.
| Price level | Side | Relative intensity |
|---|---|---|
| Loading levels | ||
Levels above the current price are mostly short positions. A move up into one can force shorts to buy back, which speeds up a rally. Levels below are mostly longs. A move down into one can force selling, which speeds up a drop.
How to read this
What a bright band means
A bright band is a price level where a lot of leveraged positions would be closed by force. Those forced orders hit the market all at once, so price often moves fast through that area.
What a cascade looks like
Price hits a band. Those positions get closed. That pushes price further the same way, into the next band, which closes more positions. The move feeds itself. This is why big drops and big squeezes both tend to happen in quick bursts rather than slowly.
Where to put a stop
Put stops beyond a bright band, not inside it. Price often dips into a heavy band to sweep that liquidity, then reverses. A stop sitting just inside the band gets taken out on the wick.
Why this is a risk map, not a signal
A bright band raises the odds of a fast move if price gets there. It does not say price will get there, or which way it breaks. Use it to size your leverage, not to pick a direction.
What changes the map
- Open interest. More open contracts means more leverage in the market, which means heavier bands.
- Funding rate. Strongly positive funding means longs are crowded. Strongly negative means shorts are. The crowded side usually has the heavier bands.
- Recent highs and lows. Traders set leverage near recent swing points, so bands cluster there.
- Round numbers. Stops bunch up at prices like $75,000 and $80,000 more than at odd numbers.
- Time. Old positions get closed or liquidated, so bands fade and rebuild as the market moves.
Bitcoin liquidation heatmap FAQs
What is a Bitcoin liquidation heatmap?
A Bitcoin liquidation heatmap shows price levels where a large amount of leveraged long or short positions would be force closed by exchanges. Brighter bands mean more positions stacked at that level. Those bands often act like magnets, since a move into one can set off a fast wave of forced buying or selling.
How do I read the heatmap?
The vertical axis is price and the horizontal axis is time, moving left to right toward now. Bright yellow and red bands mark heavy liquidation levels. Bands above the current price are mostly short positions. Bands below it are mostly long positions.
What is a liquidation cascade?
A cascade happens when price hits a dense band and forces those positions closed. Those forced orders push price further the same way, which hits the next band, and so on. Cascades are worst when open interest is high and most traders sit on one side of the market.
How accurate is liquidation heatmap data?
It is a model, not a ledger. Exchanges do not publish individual positions, so the data is estimated from open interest and typical leverage levels. The bands are directionally useful, but exact dollar values are approximations. Read the brightness of bands against each other rather than trusting any single number.
Does a dense band guarantee price will move there?
No. A dense band raises the odds of a sharp move if price reaches it, but price can stall, reverse, or pass straight through. Treat the heatmap as a risk map for sizing leverage, not a trade signal on its own.
Where should I place a stop loss using this?
Place stops beyond a dense band, not inside it. Price often wicks into a heavy band to sweep that liquidity before reversing, so a stop sitting just inside the band is likely to get taken out on the wick.
More Telegaon tools
Check our Bitcoin ETF Flow Tracker for the institutional side, our Ethereum ETF Flow Tracker, our Live Crypto Price Tracker, and our Fear and Greed Index. For the longer view, see our Bitcoin Price Prediction.
This page is for information only. It is not investment advice. Liquidation data is modeled and approximate, and leveraged trading can lose more than your deposit. Always check a primary source and speak to a registered financial advisor before trading with leverage.