Bitcoin Liquidation Maps Measure Modeled Intensity by Price Level

Liquidation maps estimate price levels where leveraged futures positions may face forced closure if prices reach them. Their intensity readings are model outputs, not records of liquidations that have already happened.

The aggregated map covers futures markets, including Binance BTCUSDT and OKX BTC-USDT-SWAP.

CoinGlass describes the values as “model-calculated liquidation intensities, not the actual liquidation amounts executed on the exchange, and not USD, USDT or margin amounts.”