Record day #11
The Sep 23, 2026 deleveraging day
Record day #11 of 2,244 - open interest removed at prior-day prices - data to 2026-09-23
On Sep 23, 2026, $708M of Bitcoin perpetual open interest on Binance was closed out in a single day, the #11 largest deleveraging day of the 2,244 on record since 2020-09-02. Across all 647 covered markets the total was $1.37B, and 9.4% of them shrank by more than 10% while BTC moved -2.09% 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 | $708M | -7.70% | -2.09% |
| Zcash | $80M | -9.81% | -8.09% |
| MU | $72M | -33.56% | -2.32% |
| XRP | $46M | -8.22% | -4.59% |
| Uniswap | $41M | -13.04% | -9.72% |
| Ethereum | $35M | -0.55% | -2.52% |
| SOXL | $28M | -19.65% | -4.51% |
| Dogecoin | $25M | -7.79% | -7.70% |
| Solana | $19M | -1.92% | -2.99% |
| Bitcoin Cash | $17M | -9.74% | -2.30% |
| Hyperliquid | $16M | -3.87% | -3.28% |
| TQQQ | $11M | -38.87% | -3.11% |
| Pepe | $10M | -8.27% | -13.11% |
| Sui | $10M | -6.85% | -6.23% |
| Cardano | $9M | -7.72% | -6.29% |
Neighbours on the all-time list
| # | Date | BTC OI removed |
|---|---|---|
| 9 | 2025-10-22 | $739M |
| 10 | 2026-01-31 | $729M |
| 12 | 2026-05-15 | $695M |
| 13 | 2021-07-26 | $658M |
Questions this record answers
How much open interest was wiped out on Sep 23, 2026?
$708M on the Bitcoin contract and $1.37B across all 647 covered Binance perpetual markets, valued at the previous day's close.
Where does Sep 23, 2026 rank among crypto liquidation days?
#11 of 2,244 days on record since 2020-09-02, ranked by Bitcoin open interest removed.
How broad was the deleveraging?
9.4% of the 647 covered markets saw their open positions fall by more than 10%; BTC's own open interest changed -7.70% and its price -2.09%.
Could you have sat through this day? Replay it candle by candle, without hindsight, in the K-line trainer.