Ethereum (ETH) Liquidation Heatmap

$1,742 −9.13% 24h · ETH perp price

Live · updated 14 Nov 2026, 23:07 UTC

Short liquidations above $566.7M Largest $1,802 · +3.6% Long liquidations below $42.0M Largest $1,732 · −0.5% Liquidated (24h) $466.1M 92% longs Open interest $21.16B −9.01% in 24h Long / short ratio (24h) 0.91 47.8% of accounts long

Binance ETH/USDT liquidation heatmap

Estimated liquidation levels · 24H, 5m candles

Estimated liquidations if ETH moves

−5% $1,653$42.0M

−3% $1,688$39.0M

−2% $1,705$35.9M

−1% $1,723$18.0M

+1% $1,758$0

+2% $1,775$0

+3% $1,792$18.1M

+5% $1,827$101.0M

Ethereum liquidations history

Daily longs (up) and shorts (down) on every tracked exchange

Ethereum liquidation levels right now

With Ethereum at $1,740, the Binance 24H heatmap shows $566.7M of estimated short liquidations above the price and $42.0M of long liquidations below it. The largest short cluster sits at $1,802 ($35.7M, +3.6%), then $1,871 ($30.6M, +7.5%). The largest long cluster is at $1,732 ($11.9M, −0.5%), then $1,713 ($8.9M, −1.6%). A 5% drop to $1,653 would run through about $42.0M of long liquidations; a 5% rise to $1,827 would hit about $101.0M of shorts.

How to read the Ethereum heatmap

Bands: each horizontal band is an ETH price where leveraged positions are estimated to be liquidated. Brighter bands hold more dollars of positions.
Above and below the price: bands above ETH's price are short liquidations that would fire on a rally; bands below are long liquidations that would fire on a drop.
Liquidation profile: the bars on the right edge show the levels still open right now, the same snapshot a liquidation map gives.
Timeframes: ETH is one of two coins on Coinperps with 180D and 1Y views (on Binance and Bybit). Use them to find old clusters that have survived months of trading.

Where Ethereum leverage sits

Ethereum carries more leverage for its size than Bitcoin. In October 2026 ETH perpetual open interest was close to 10% of its market cap, about three times Bitcoin's ratio, so the same percentage move liquidates a larger share of the market. That is why ETH clusters tend to look brighter and sit closer to price than BTC's.

Binance holds about 30% of ETH open interest, the largest share of any venue, with CME and Hyperliquid next at around 10% each. The three heatmap venues (Binance, Bybit and Hyperliquid) cover close to half of all ETH open interest. Over the 90 days to October 2026, $7.7 billion of ETH positions were liquidated, slightly more shorts than longs.

Flows into the Ethereum ETFs and the ETH/BTC ratio often decide which side of the map gets tested first: strong ETF inflows tend to pull price up through short clusters, while a falling ETH/BTC ratio tends to drag it into the long clusters below.

How traders use ETH liquidation levels

Magnets: large unswept ETH clusters tend to attract price, especially when funding is stretched on the same side.
Relative leverage: because ETH carries more leverage per dollar of market cap than BTC, a cluster of the same dollar size moves ETH further. Compare both maps before a market-wide move.
Cascade risk: stacked bands within 2 to 3% of price mean one liquidation can chain into the next. Keep your own liquidation price away from those zones.

Ethereum liquidation heatmap FAQ

Live answers use the Binance ETH heatmap (24H) · updated 14 Nov 2026, 23:07 UTC

Where are the biggest Ethereum liquidation levels right now?

On the Binance 24H heatmap, the biggest short liquidation level above Ethereum is $1,802 ($35.7M, +3.6%) and the biggest long liquidation level below it is $1,732 ($11.9M, −0.5%). Ethereum was trading at $1,740. See the key levels table for the rest.

How much ETH would be liquidated if the price falls 5%?

About $42.0M of estimated long liquidations sit between $1,740 and $1,653. A 1% drop would trigger about $18.0M, 2% about $35.9M and 3% about $39.0M. These are Binance estimates; the market-wide total is larger.

How much ETH would be liquidated if the price rises 5%?

About $101.0M of estimated short liquidations sit between $1,740 and $1,827. A 1% rise would trigger about $0, 2% about $0 and 3% about $18.1M. These are Binance estimates; the market-wide total is larger.

How much ETH was liquidated in the last 24 hours?

$466.1M of ETH positions were liquidated across tracked exchanges in the last 24 hours: $428.4M longs and $37.8M shorts. The past hour saw $47.9M. Live events are on the liquidations page.

Does the Ethereum heatmap cover every exchange?

It models one market at a time: Binance ETH/USDT, Bybit ETH/USDT or Hyperliquid ETH-USD. Together they held close to half of all ETH perpetual open interest in October 2026. CME, MEXC and others are not modelled, but their actual liquidations are included in the history chart and on the liquidations page.

Why are Ethereum liquidation clusters bigger than you might expect?

ETH perpetual open interest is roughly 10% of Ethereum's market cap, about three times Bitcoin's ratio. More leverage per dollar of market cap means larger clusters relative to the market, and sharper moves when they are triggered.

What is a Ethereum liquidation heatmap?

A Ethereum liquidation heatmap shows the price levels where leveraged ETH perpetual futures positions are estimated to be liquidated. Bright bands mark large clusters of liquidation levels. Bands above the price are short liquidations and bands below are long liquidations.

What is the difference between a liquidation heatmap and a liquidation map?

A liquidation heatmap shows how estimated liquidation levels build up and get cleared over time, with price candles on top. A liquidation map is a single snapshot of the levels that are still open, by price. This page shows both: the heatmap, and the liquidation profile on its right edge.

How accurate is the Ethereum liquidation heatmap?

It is an estimate. Exchanges do not publish each position's liquidation price, so the levels are modelled from exchange data. Cluster locations are more reliable than cluster sizes, which depend on the model and differ between data providers. The heatmap does not see low-leverage positions, hidden orders or spot, options and ETF flows, and in fast markets it can lag a few minutes behind price.

Why does price move toward liquidation clusters?

Each liquidation is a forced market order. When price reaches a large cluster, the exchange closes those positions at market, which pushes price further in the same direction and can trigger the next cluster. Large traders know where this liquidity sits, which is why clusters often act as magnets for wicks and stop hunts.

Which timeframe should I use?

The 12H and 24H views show the levels built by recent intraday positions and suit short-term trading. The 7D and 30D views show older clusters that have survived several sessions, which tend to matter more for swing trades. Clusters that stay bright across several timeframes are the most significant.

Can the Ethereum liquidation heatmap predict price?

No. It shows where forced buying or selling would start, not whether price will get there. Combine it with funding rates, open interest and the long/short ratio. Coinperps does not give trading advice.