What is the estimated liquidation map?
What is a liquidation?
In futures trading, when the loss on a leveraged position exceeds its margin, the exchange forcibly closes the position. This is a liquidation. When the price reaches a level where liquidations are concentrated, a burst of forced orders can move the price quickly.
How is it estimated?
The BuyOrNot liquidation map is based on 1-minute data from the last 72 hours.
- An increase in open interest is treated as newly opened positions.
- Those positions are split into longs and shorts by the ratio of market buys to market sells traded at the time.
- The expected liquidation price of each position is calculated across 3x, 5x, 10x and 20x leverage.
- Positions already liquidated by price and positions closed voluntarily are removed from the map.
How to read it
- Bars: estimated liquidation volume by price level. Long (green) liquidation zones are below the current price and short (red) zones are above it.
- Largest: the zone with the most volume
- Nearest: the significant zone closest to the current price
- Farthest: the significant zone farthest from the current price
- Long/short ratio: total long and short volume for the leverage levels that are on, and how many times larger one side is
- L and S circles: not estimates but liquidations actually executed on Binance. L is a long liquidation, S is a short liquidation.
The bars show volume by price level, so they stay the same when you change the timeframe (1m, 5m, 15m). When the visible price range is narrow, as on 1-minute candles, the bars may be off screen, so the key zones are also shown as a text line.
Volume mode
If open interest history cannot be loaded, the map is estimated from trading volume only, and “Volume mode” is shown on screen. Accuracy is lower in this mode.
Keep in mind
The real leverage distribution of positions is not public, so this is an estimate based on fixed assumptions. It does not predict that the price will reach a zone. Use it only as a reference together with other information.