Record day #10
The Jan 31, 2026 deleveraging day
Record day #10 of 2,244 - open interest removed at prior-day prices - data to 2026-01-31
On Jan 31, 2026, $729M of Bitcoin perpetual open interest on Binance was closed out in a single day, the #10 largest deleveraging day of the 2,244 on record since 2020-09-02. Across all 508 covered markets the total was $2.06B, and 12.2% of them shrank by more than 10% while BTC moved -6.54% 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 |
|---|---|---|---|
| Ethereum | $962M | -15.18% | -9.44% |
| Bitcoin | $729M | -8.47% | -6.54% |
| Solana | $112M | -9.16% | -10.29% |
| XRP | $39M | -8.12% | -5.06% |
| XAG | $24M | -9.54% | -0.86% |
| Hyperliquid | $14M | -7.57% | +1.27% |
| BULLA | $12M | -65.30% | +180.07% |
| Litecoin | $11M | -10.53% | -9.08% |
| WLFI | $10M | -10.24% | -13.91% |
| Dogecoin | $9M | -4.51% | -10.01% |
| PAX Gold | $8M | -4.62% | -1.67% |
| 币安人生 | $8M | -20.50% | -21.90% |
| Pepe | $8M | -7.00% | -10.57% |
| XAU | $7M | -5.11% | -0.37% |
| Aster | $5M | -4.85% | -9.33% |
Neighbours on the all-time list
| # | Date | BTC OI removed |
|---|---|---|
| 8 | 2025-03-03 | $743M |
| 9 | 2025-10-22 | $739M |
| 11 | 2026-09-23 | $708M |
| 12 | 2026-05-15 | $695M |
Questions this record answers
How much open interest was wiped out on Jan 31, 2026?
$729M on the Bitcoin contract and $2.06B across all 508 covered Binance perpetual markets, valued at the previous day's close.
Where does Jan 31, 2026 rank among crypto liquidation days?
#10 of 2,244 days on record since 2020-09-02, ranked by Bitcoin open interest removed.
How broad was the deleveraging?
12.2% of the 508 covered markets saw their open positions fall by more than 10%; BTC's own open interest changed -8.50% and its price -6.54%.
Could you have sat through this day? Replay it candle by candle, without hindsight, in the K-line trainer.