Record day #5
The Oct 7, 2025 deleveraging day
Record day #5 of 2,244 - open interest removed at prior-day prices - data to 2025-10-07
On Oct 7, 2025, $855M of Bitcoin perpetual open interest on Binance was closed out in a single day, the #5 largest deleveraging day of the 2,244 on record since 2020-09-02. Across all 509 covered markets the total was $1.50B, and 5.1% of them shrank by more than 10% while BTC moved -2.68% 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 | $855M | -6.85% | -2.68% |
| Ethereum | $327M | -3.47% | -5.05% |
| Dogecoin | $57M | -7.38% | -7.26% |
| Plasma | $45M | -14.02% | -11.54% |
| XRP | $28M | -2.64% | -4.59% |
| Cardano | $16M | -5.83% | -5.98% |
| WLFI | $11M | -4.32% | -8.68% |
| Uniswap | $9M | -5.98% | -6.96% |
| Polkadot | $8M | -6.40% | -5.96% |
| Chainlink | $8M | -3.67% | -6.75% |
| 1000BONK | $5M | -7.49% | -9.06% |
| PLUME | $5M | -18.55% | -11.78% |
| Worldcoin | $4M | -3.67% | -8.80% |
| LDO | $3M | -6.61% | -5.49% |
| Pudgy Penguins | $3M | -3.65% | -7.32% |
Neighbours on the all-time list
| # | Date | BTC OI removed |
|---|---|---|
| 3 | 2021-09-07 | $959M |
| 4 | 2024-04-13 | $856M |
| 6 | 2024-08-05 | $752M |
| 7 | 2021-05-19 | $743M |
Questions this record answers
How much open interest was wiped out on Oct 7, 2025?
$855M on the Bitcoin contract and $1.50B across all 509 covered Binance perpetual markets, valued at the previous day's close.
Where does Oct 7, 2025 rank among crypto liquidation days?
#5 of 2,244 days on record since 2020-09-02, ranked by Bitcoin open interest removed.
How broad was the deleveraging?
5.1% of the 509 covered markets saw their open positions fall by more than 10%; BTC's own open interest changed -6.90% and its price -2.68%.
Could you have sat through this day? Replay it candle by candle, without hindsight, in the K-line trainer.