Record day #20
The Mar 5, 2026 deleveraging day
Record day #20 of 2,244 - open interest removed at prior-day prices - data to 2026-03-05
On Mar 5, 2026, $570M of Bitcoin perpetual open interest on Binance was closed out in a single day, the #20 largest deleveraging day of the 2,244 on record since 2020-09-02. Across all 492 covered markets the total was $1.10B, and 3.0% of them shrank by more than 10% while BTC moved -2.46% 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 | $570M | -8.58% | -2.46% |
| Ethereum | $334M | -7.35% | -2.53% |
| Solana | $57M | -6.33% | -2.28% |
| XRP | $20M | -4.71% | -1.91% |
| BNB | $13M | -3.87% | -1.53% |
| Dogecoin | $11M | -5.56% | -5.42% |
| Cardano | $6M | -6.81% | -2.64% |
| NEAR Protocol | $3M | -4.94% | -2.90% |
| XAU | $3M | -1.35% | -1.50% |
| Polkadot | $3M | -5.99% | -0.65% |
| Avalanche | $3M | -3.01% | -1.27% |
| RIVER | $3M | -8.66% | -5.85% |
| Pepe | $3M | -2.97% | -4.79% |
| Aave | $2M | -5.34% | +0.81% |
| Toncoin | $2M | -7.49% | +3.38% |
Neighbours on the all-time list
| # | Date | BTC OI removed |
|---|---|---|
| 18 | 2025-11-21 | $580M |
| 19 | 2026-04-12 | $579M |
| 21 | 2026-05-06 | $555M |
| 22 | 2026-02-06 | $555M |
Questions this record answers
How much open interest was wiped out on Mar 5, 2026?
$570M on the Bitcoin contract and $1.10B across all 492 covered Binance perpetual markets, valued at the previous day's close.
Where does Mar 5, 2026 rank among crypto liquidation days?
#20 of 2,244 days on record since 2020-09-02, ranked by Bitcoin open interest removed.
How broad was the deleveraging?
3.0% of the 492 covered markets saw their open positions fall by more than 10%; BTC's own open interest changed -8.60% and its price -2.46%.
Could you have sat through this day? Replay it candle by candle, without hindsight, in the K-line trainer.