Record day #4
The Apr 13, 2024 deleveraging day
Record day #4 of 2,244 - open interest removed at prior-day prices - data to 2024-04-13
On Apr 13, 2024, $856M of Bitcoin perpetual open interest on Binance was closed out in a single day, the #4 largest deleveraging day of the 2,244 on record since 2020-09-02. Across all 271 covered markets the total was $2.05B, and 66.4% of them shrank by more than 10% while BTC moved -4.76% on the day.
Markets hit hardest
Open interest removed on the day, valued at the previous close; links go to each market's deleveraging history.
| Market | OI removed | Positions change | Price move |
|---|---|---|---|
| Bitcoin | $856M | -15.93% | -4.76% |
| Ethereum | $215M | -8.57% | -7.19% |
| Solana | $76M | -9.59% | -9.59% |
| XRP | $48M | -25.44% | -12.49% |
| Dogecoin | $40M | -11.43% | -12.36% |
| BNB | $39M | -12.73% | -7.03% |
| ARB | $27M | -27.66% | -12.12% |
| Ethena | $25M | -18.36% | -18.01% |
| Filecoin | $21M | -24.87% | -13.46% |
| MATIC | $19M | -22.16% | -14.69% |
| APT | $19M | -25.24% | -10.30% |
| Ordinals | $18M | -13.13% | -24.20% |
| Avalanche | $18M | -17.62% | -13.83% |
| ETC | $16M | -21.74% | -13.59% |
| 1000SHIB | $16M | -24.48% | -14.77% |
Neighbours on the all-time list
| # | Date | BTC OI removed |
|---|---|---|
| 2 | 2021-12-04 | $1.13B |
| 3 | 2021-09-07 | $959M |
| 5 | 2025-10-07 | $855M |
| 6 | 2024-08-05 | $752M |
Questions this record answers
How much open interest was wiped out on Apr 13, 2024?
$856M on the Bitcoin contract and $2.05B across all 271 covered Binance perpetual markets, valued at the previous day's close.
Where does Apr 13, 2024 rank among crypto liquidation days?
#4 of 2,244 days on record since 2020-09-02, ranked by Bitcoin open interest removed.
How broad was the deleveraging?
66.4% of the 271 covered markets saw their open positions fall by more than 10%; BTC's own open interest changed -15.90% and its price -4.76%.
Could you have sat through this day? Replay it candle by candle, without hindsight, in the K-line trainer.