Record day #1
The Oct 10, 2025 deleveraging day
Record day #1 of 2,244 - open interest removed at prior-day prices - data to 2025-10-10
On Oct 10, 2025, $2.92B of Bitcoin perpetual open interest on Binance was closed out in a single day, the #1 largest deleveraging day of the 2,244 on record since 2020-09-02. Across all 510 covered markets the total was $7.75B, and 49.6% of them shrank by more than 10% while BTC moved -7.29% 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 | $2.92B | -24.79% | -7.29% |
| Ethereum | $2.30B | -27.45% | -12.50% |
| Solana | $536M | -23.37% | -15.02% |
| BNB | $235M | -24.26% | -12.20% |
| XRP | $152M | -15.93% | -15.51% |
| Dogecoin | $118M | -18.23% | -22.26% |
| COAI | $101M | -49.88% | +25.94% |
| Avalanche | $67M | -21.59% | -27.37% |
| Sui | $58M | -22.47% | -23.77% |
| Aster | $52M | -24.09% | -21.30% |
| Ethena | $50M | -16.81% | -20.31% |
| WLFI | $34M | -16.32% | -30.55% |
| Zcash | $34M | -32.55% | +5.96% |
| PAX Gold | $33M | -25.72% | -0.46% |
| Kava | $32M | -70.80% | -50.34% |
Neighbours on the all-time list
| # | Date | BTC OI removed |
|---|---|---|
| 2 | 2021-12-04 | $1.13B |
| 3 | 2021-09-07 | $959M |
Questions this record answers
How much open interest was wiped out on Oct 10, 2025?
$2.92B on the Bitcoin contract and $7.75B across all 510 covered Binance perpetual markets, valued at the previous day's close.
Where does Oct 10, 2025 rank among crypto liquidation days?
#1 of 2,244 days on record since 2020-09-02, ranked by Bitcoin open interest removed.
How broad was the deleveraging?
49.6% of the 510 covered markets saw their open positions fall by more than 10%; BTC's own open interest changed -24.80% and its price -7.29%.
Could you have sat through this day? Replay it candle by candle, without hindsight, in the K-line trainer.