Market ranking
The Largest Crypto Liquidation Days on Record
Ranked by open interest removed - Bitcoin contract since 2020-09 - data to 2026-10-29
The first table ranks calendar days by how much open interest was closed out in Binance perpetual futures, in dollars at the prior day's prices. The Bitcoin contract is the yardstick because it covers the whole record from 2020-09-02; the all-markets total and the share of markets that shrank by more than 10% show how broad each day was. The second table lists the sharpest single-market contractions across 60 covered assets, at most two per day.
Largest liquidation days on record
Open interest removed in one day, valued at the previous close. Rank uses the Bitcoin contract; the all-markets column depends on how many markets existed that year.
| # | Date | BTC OI removed | All covered markets | Markets down >10% | BTC price move | BTC OI change |
|---|---|---|---|---|---|---|
| 1 | 2025-10-10 | $2.92B | $7.75B across 510 markets | 49.6% | -7.29% | -24.80% |
| 2 | 2021-12-04 | $1.13B | $2.95B across 135 markets | 91.9% | -8.35% | -34.50% |
| 3 | 2021-09-07 | $959M | $959M across 1 market | 100.0% | -11.05% | -29.40% |
| 4 | 2024-04-13 | $856M | $2.05B across 271 markets | 66.4% | -4.76% | -15.90% |
| 5 | 2025-10-07 | $855M | $1.50B across 509 markets | 5.1% | -2.68% | -6.90% |
| 6 | 2024-08-05 | $752M | $1.58B across 265 markets | 33.2% | -7.12% | -14.70% |
| 7 | 2021-05-19 | $743M | $743M across 1 market | 100.0% | -14.44% | -41.20% |
| 8 | 2025-03-03 | $743M | $1.08B across 367 markets | 10.4% | -8.52% | -10.00% |
| 9 | 2025-10-22 | $739M | $848M across 504 markets | 3.4% | -0.67% | -8.20% |
| 10 | 2026-01-31 | $729M | $2.06B across 508 markets | 12.2% | -6.54% | -8.50% |
| 11 | 2026-09-23 | $708M | $1.37B across 647 markets | 9.4% | -2.09% | -7.70% |
| 12 | 2026-05-15 | $695M | $882M across 562 markets | 5.3% | -2.44% | -7.80% |
| 13 | 2021-07-26 | $658M | $658M across 1 market | 100.0% | +5.22% | -25.70% |
| 14 | 2026-04-18 | $655M | $1.30B across 545 markets | 10.3% | -1.79% | -8.00% |
| 15 | 2024-03-05 | $647M | $1.69B across 265 markets | 45.3% | -6.66% | -11.70% |
| 16 | 2024-12-16 | $643M | $768M across 335 markets | 1.2% | +1.50% | -6.20% |
| 17 | 2025-06-23 | $621M | $900M across 426 markets | 7.0% | +4.35% | -7.80% |
| 18 | 2025-11-21 | $580M | $1.25B across 493 markets | 10.3% | -1.74% | -6.40% |
| 19 | 2026-04-12 | $579M | $1.14B across 524 markets | 5.0% | -3.15% | -8.00% |
| 20 | 2026-03-05 | $570M | $1.10B across 492 markets | 3.0% | -2.46% | -8.60% |
| 21 | 2026-05-06 | $555M | $790M across 550 markets | 4.2% | +0.65% | -6.10% |
| 22 | 2026-02-06 | $555M | $1.03B across 466 markets | 13.7% | +12.21% | -9.40% |
| 23 | 2026-03-18 | $536M | $1.18B across 512 markets | 7.4% | -3.61% | -7.80% |
| 24 | 2022-09-13 | $520M | $789M across 146 markets | 12.3% | -9.93% | -16.00% |
| 25 | 2025-02-03 | $503M | $2.02B across 360 markets | 62.2% | +3.72% | -6.20% |
Sharpest single-market deleveraging events
Per-market events, ranked by a composite of open-interest contraction under price stress, at most two per day. Data to 2026-10-29.
| # | Date | Asset | OI contraction | Price move | Side |
|---|---|---|---|---|---|
| 1 | 2026-06-08 | Humanity Protocol | -89.08% | -89.42% | long_flush |
| 2 | 2026-04-18 | RaveDAO | -80.62% | -86.67% | long_flush |
| 3 | 2026-04-21 | Dent | -100.00% | +57.71% | short_squeeze |
| 4 | 2026-07-02 | Velvet Capital | -78.50% | -69.09% | long_flush |
| 5 | 2026-06-12 | Velvet Capital | -62.53% | -71.64% | long_flush |
| 6 | 2026-06-13 | Yooldo Games | -55.28% | -78.96% | long_flush |
| 7 | 2025-10-10 | Kava | -85.26% | -50.34% | long_flush |
| 8 | 2026-04-17 | Siren | -60.63% | -65.58% | long_flush |
| 9 | 2026-02-23 | RaveDAO | -65.72% | -56.33% | long_flush |
| 10 | 2026-02-08 | Siren | -52.33% | -64.98% | long_flush |
| 11 | 2026-07-26 | Yooldo Games | -56.99% | -58.11% | long_flush |
| 12 | 2025-04-23 | Pump.fun | -53.74% | -57.49% | long_flush |
| 13 | 2026-07-08 | LAB Terminal | -35.12% | -78.25% | long_flush |
| 14 | 2025-06-21 | Siren | -48.94% | -54.73% | long_flush |
| 15 | 2025-09-14 | Humanity Protocol | -61.61% | -40.68% | long_flush |
| 16 | 2026-03-24 | Siren | -42.50% | -57.38% | long_flush |
| 17 | 2025-11-06 | Humanity Protocol | -45.29% | -49.71% | long_flush |
| 18 | 2025-10-31 | LAB Terminal | -52.24% | -41.92% | long_flush |
| 19 | 2026-03-22 | Siren | -14.71% | +144.99% | short_squeeze |
| 20 | 2025-10-10 | SkyAI | -45.95% | -46.39% | long_flush |
| 21 | 2026-07-07 | LAB Terminal | -35.82% | -59.17% | long_flush |
| 22 | 2026-08-24 | Velvet Capital | -27.42% | -76.65% | long_flush |
| 23 | 2026-06-15 | Humanity Protocol | -43.56% | -44.26% | long_flush |
| 24 | 2026-03-31 | Siren | -28.23% | -67.08% | long_flush |
| 25 | 2025-12-22 | RaveDAO | -51.34% | -34.84% | long_flush |
Questions this record answers
What was the largest crypto liquidation day on record?
By open interest removed, 2025-10-10: $2.92B of Bitcoin perpetual open interest on Binance was closed in a single day while BTC moved -7.29%. Across all 510 covered markets the total was $7.75B, and 49.6% of them shrank by more than 10%.
How is a liquidation day measured on this page?
Each day is scored by the dollar value of Binance USDⓈ-M perpetual open interest that was closed out (positions removed), valued at the previous day's close so that price moves alone do not count. The ranking uses the Bitcoin contract, the one series that covers the whole record; the all-markets total is shown alongside because coverage grows over time. Days where positions fell by 30% or more with a price move under 2% are treated as data resets and excluded.
How many days have removed more than $500 million of Bitcoin open interest?
26 days since 2020-09-02, with data to 2026-10-29.
Which day in the past year ranks highest?
2026-01-31, ranked #10 on record with $729M of Bitcoin perpetual open interest removed.
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