Record day #19
The Apr 12, 2026 deleveraging day
Record day #19 of 2,244 - open interest removed at prior-day prices - data to 2026-04-12
On Apr 12, 2026, $579M of Bitcoin perpetual open interest on Binance was closed out in a single day, the #19 largest deleveraging day of the 2,244 on record since 2020-09-02. Across all 524 covered markets the total was $1.14B, and 5.0% of them shrank by more than 10% while BTC moved -3.15% 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 | $579M | -8.04% | -3.15% |
| Ethereum | $405M | -7.53% | -4.08% |
| RaveDAO | $25M | -43.16% | +175.23% |
| Solana | $24M | -3.20% | -4.01% |
| Bittensor | $10M | -9.72% | -5.27% |
| CL | $10M | -10.50% | +6.39% |
| NEAR Protocol | $5M | -6.24% | -4.07% |
| Avalanche | $3M | -4.33% | -3.70% |
| DASH | $3M | -13.65% | -11.58% |
| Plasma | $3M | -3.68% | -9.02% |
| Ethena | $3M | -5.29% | -5.01% |
| ARIA | $2M | -9.06% | +8.32% |
| VVV | $2M | -13.61% | -4.18% |
| Pepe | $2M | -2.46% | -4.95% |
| Pudgy Penguins | $2M | -11.10% | -8.34% |
Neighbours on the all-time list
| # | Date | BTC OI removed |
|---|---|---|
| 17 | 2025-06-23 | $621M |
| 18 | 2025-11-21 | $580M |
| 20 | 2026-03-05 | $570M |
| 21 | 2026-05-06 | $555M |
Questions this record answers
How much open interest was wiped out on Apr 12, 2026?
$579M on the Bitcoin contract and $1.14B across all 524 covered Binance perpetual markets, valued at the previous day's close.
Where does Apr 12, 2026 rank among crypto liquidation days?
#19 of 2,244 days on record since 2020-09-02, ranked by Bitcoin open interest removed.
How broad was the deleveraging?
5.0% of the 524 covered markets saw their open positions fall by more than 10%; BTC's own open interest changed -8.00% and its price -3.15%.
Could you have sat through this day? Replay it candle by candle, without hindsight, in the K-line trainer.