Record day #12
The May 15, 2026 deleveraging day
Record day #12 of 2,244 - open interest removed at prior-day prices - data to 2026-05-15
On May 15, 2026, $695M of Bitcoin perpetual open interest on Binance was closed out in a single day, the #12 largest deleveraging day of the 2,244 on record since 2020-09-02. Across all 562 covered markets the total was $882M, and 5.3% of them shrank by more than 10% while BTC moved -2.44% 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 | $695M | -7.77% | -2.44% |
| Dogecoin | $30M | -9.37% | -1.82% |
| XRP | $18M | -3.84% | -3.46% |
| Zcash | $11M | -4.19% | -8.06% |
| BNB | $6M | -1.44% | -0.90% |
| Billions Network | $4M | -22.52% | -16.80% |
| Toncoin | $3M | -4.40% | -8.23% |
| Avalanche | $3M | -3.17% | -3.73% |
| SNDK | $2M | -9.52% | +0.78% |
| TRX | $2M | -1.73% | -0.44% |
| LAB Terminal | $2M | -2.18% | -20.05% |
| Pepe | $2M | -2.16% | -4.55% |
| Cardano | $2M | -1.75% | -3.37% |
| Filecoin | $2M | -3.58% | -4.27% |
| ETC | $2M | -7.57% | -2.41% |
Neighbours on the all-time list
| # | Date | BTC OI removed |
|---|---|---|
| 10 | 2026-01-31 | $729M |
| 11 | 2026-09-23 | $708M |
| 13 | 2021-07-26 | $658M |
| 14 | 2026-04-18 | $655M |
Questions this record answers
How much open interest was wiped out on May 15, 2026?
$695M on the Bitcoin contract and $882M across all 562 covered Binance perpetual markets, valued at the previous day's close.
Where does May 15, 2026 rank among crypto liquidation days?
#12 of 2,244 days on record since 2020-09-02, ranked by Bitcoin open interest removed.
How broad was the deleveraging?
5.3% of the 562 covered markets saw their open positions fall by more than 10%; BTC's own open interest changed -7.80% and its price -2.44%.
Could you have sat through this day? Replay it candle by candle, without hindsight, in the K-line trainer.