Deleveraging and liquidation history
PAX Gold Liquidation & Deleveraging HistoryPAXGUSDT
Binance USD-M perpetual - data to 2026-07-31
Events on record
1
OI contraction + price stress days
Long flushes
1
price fell
Short squeezes
0
price rose
Most recent
2025-10-17
Exchange liquidation feeds are rate-limited industry-wide, so every provider's total-liquidations number is an estimate. This page instead identifies deleveraging days directly from open-interest contractions: when large positions close within a day under price stress, it is visible in the OI record itself.
15 largest deleveraging events
| # | Date | Open-interest change | Price move | Type |
|---|---|---|---|---|
| 1 | 2025-10-17 | -21.04% | -4.49% | Long flush |