Ethereum (ETH) Liquidation Map

What this is: a Ethereum liquidation map you can open without an account (free 5-minute live preview, unlimited with Premium at $11.99/mo) - it shows, in real time, where leveraged ETH traders are getting forced out of their positions and where the next clusters sit relative to the current price. Every red bubble is a long liquidation, every green bubble a short - sized by how big the position was - plotted directly on the ETH price chart. A histogram on the right edge sums the liquidations at each price level, so you can see at a glance where the bodies are buried.

What the ETH liquidation map shows

MarginPad streams real liquidation events from nine perpetual-futures venues - Binance, Bybit, OKX, Hyperliquid, Gate, HTX, dYdX, BitMEX and Bitfinex - over public websockets. They are normalized and shown three ways: bubbles at the exact price and time of each liquidation, a price-level histogram of where ETH liquidations cluster, and a scrolling ticker of the largest hits. You can switch the timeframe between 1 day, 1 week, 1 month and 1 year.

How to read it

High-leverage positions liquidate on tiny moves, so they sit close to the current ETH price; lower-leverage positions sit further away. Dense histogram bands act like magnets and as support or resistance - once a cluster is consumed, that level often flips. Red (long) clusters sit below price; green (short) clusters sit above. Hover any bubble for the exchange, side, size and time.

Real liquidations vs estimated clusters

The bubbles and histogram are real events. There is also an optional Clusters layer - a model that estimates where future ETH liquidations are likely to sit, built from open-interest changes and an assumed leverage distribution. It is clearly labelled as an estimate, not exchange order-book data. A third Levels layer overlays the classic theoretical liquidation prices by leverage. Toggle any combination.

How deep is the ETH perpetual market?

When this page was last rebuilt (17 August 2026), ETH perpetuals held about 58.3% of Bitcoin's. Over the 24 hours before that snapshot, $24.2 million of ETH positions were liquidated. Those figures are a snapshot; the live box at the top of this page always shows the current ones.

ETH is one of the deepest perpetual markets there is, and a map on a book this size behaves differently from a small-cap one: it takes real size to push price through a cluster, so bands tend to be consumed gradually rather than in one sweep.

How traders use the ETH liquidation map

Liquidation clusters are where forced orders pile up, and price is drawn toward them like a magnet - a large band of ETH long liquidations below spot is fuel for a flush lower, while a wall of short liquidations above is fuel for a squeeze higher. Many traders use the map to (1) avoid entering just above a thick long-liquidation band, (2) anticipate where a cascade might accelerate or exhaust, and (3) place take-profits just ahead of a cluster rather than inside it. It pairs naturally with ETH liquidation prices for your own position and the live ETH 24h liquidation total.

None of this is a signal on its own - clusters get consumed and levels flip. Treat the map as context, not a trade trigger, and rehearse the idea risk-free on the ETH paper-trading terminal before you size up.