Crypto Liquidations on September 28, 2026
$448.1M in leveraged crypto positions was liquidated on September 28, 2026 (UTC), across 111,006 individual events - longs took most of the damage - the pain came on the way down. Measured directly from MarginPad's multi-exchange liquidation feed.
The biggest liquidation of the day
A single ETH long worth $11.8M was force-closed on binance at 14:47 UTC, with the price at $2,657. The median liquidation that day was just $340 and 95% of events were under $12K - liquidation pain is always concentrated in a handful of oversized positions.
When it happened
The heaviest hour was 14:00-15:00 UTC with $77.7M liquidated - liquidation cascades cluster, they don't spread evenly.
By coin
| Coin | Liquidated | Events | Side split |
|---|---|---|---|
| 1. BTC | $107.3M | 7,267 | 66% long |
| 2. ETH | $76.7M | 5,194 | 67% long |
| 3. XAU | $17.4M | 1,998 | 99% long |
| 4. SOL | $17.3M | 2,416 | 76% long |
| 5. ZEC | $17.0M | 3,047 | 73% long |
| 6. NEAR | $17.0M | 3,350 | 63% long |
| 7. QNT | $14.9M | 9,714 | 55% long |
| 8. XRP | $12.8M | 2,456 | 73% long |
| 9. HYPE | $10.4M | 1,994 | 58% long |
| 10. XAG | $7.0M | 537 | 98% long |
By exchange
| Exchange | Liquidated | Events |
|---|---|---|
| binance | $224.8M | 55,680 |
| hyperliquid | $79.8M | 15,920 |
| okx | $65.9M | 17,904 |
| bybit | $37.7M | 17,270 |
| gate | $24.0M | 2,960 |
| htx | $11.0M | 770 |
| binance-coin | $4.5M | 410 |
| bitfinex | $314K | 66 |
| dydx | $17K | 26 |
See it live: real-time liquidation feed · 24h totals · check your own exit with the liquidation calculator or rehearse risk-free on Paper Trade.