Record day #23
The Mar 18, 2026 deleveraging day
Record day #23 of 2,244 - open interest removed at prior-day prices - data to 2026-03-18
On Mar 18, 2026, $536M of Bitcoin perpetual open interest on Binance was closed out in a single day, the #23 largest deleveraging day of the 2,244 on record since 2020-09-02. Across all 512 covered markets the total was $1.18B, and 7.4% of them shrank by more than 10% while BTC moved -3.61% 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 | $536M | -7.79% | -3.61% |
| Ethereum | $401M | -7.28% | -4.94% |
| Solana | $51M | -5.39% | -4.81% |
| XRP | $20M | -4.54% | -3.54% |
| Dogecoin | $17M | -9.09% | -4.91% |
| Cardano | $9M | -8.00% | -5.12% |
| Pepe | $8M | -9.50% | -3.82% |
| Avalanche | $8M | -8.93% | -5.02% |
| BNB | $6M | -1.96% | -2.49% |
| Zcash | $6M | -3.97% | -8.79% |
| TRX | $5M | -4.35% | -0.76% |
| NEAR Protocol | $5M | -6.92% | -4.55% |
| Polkadot | $4M | -7.48% | -2.65% |
| POLYX | $3M | -40.28% | -14.78% |
| VIRTUAL | $3M | -13.62% | -5.55% |
Neighbours on the all-time list
| # | Date | BTC OI removed |
|---|---|---|
| 21 | 2026-05-06 | $555M |
| 22 | 2026-02-06 | $555M |
| 24 | 2022-09-13 | $520M |
| 25 | 2025-02-03 | $503M |
Questions this record answers
How much open interest was wiped out on Mar 18, 2026?
$536M on the Bitcoin contract and $1.18B across all 512 covered Binance perpetual markets, valued at the previous day's close.
Where does Mar 18, 2026 rank among crypto liquidation days?
#23 of 2,244 days on record since 2020-09-02, ranked by Bitcoin open interest removed.
How broad was the deleveraging?
7.4% of the 512 covered markets saw their open positions fall by more than 10%; BTC's own open interest changed -7.80% and its price -3.61%.
Could you have sat through this day? Replay it candle by candle, without hindsight, in the K-line trainer.