Deleveraging and liquidation history
Plasma Liquidation & Deleveraging HistoryXPLUSDT
Binance USD-M perpetual - data to 2026-07-31
Events on record
37
OI contraction + price stress days
Long flushes
37
price fell
Short squeezes
0
price rose
Most recent
2026-07-07
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 | 2025-10-10 | -25.67% | -36.65% | Long flush |
| 2 | 2026-06-05 | -27.91% | -20.95% | Long flush |
| 3 | 2025-09-01 | -18.62% | -28.37% | Long flush |
| 4 | 2026-06-30 | -22.37% | -17.51% | Long flush |
| 5 | 2025-09-30 | -24.14% | -15.12% | Long flush |
| 6 | 2026-03-06 | -18.70% | -16.76% | Long flush |
| 7 | 2026-01-07 | -21.25% | -14.66% | Long flush |
| 8 | 2025-11-06 | -17.55% | -16.34% | Long flush |
| 9 | 2025-10-07 | -23.98% | -11.54% | Long flush |
| 10 | 2025-10-09 | -16.90% | -15.58% | Long flush |
| 11 | 2026-02-05 | -15.27% | -16.84% | Long flush |
| 12 | 2025-11-11 | -15.59% | -15.28% | Long flush |
| 13 | 2026-01-29 | -17.75% | -13.29% | Long flush |
| 14 | 2025-11-02 | -18.21% | -11.95% | Long flush |
| 15 | 2026-06-18 | -15.01% | -13.20% | Long flush |