History/2026-09-25

history · daily digest

Crypto liquidations, Friday, September 25, 2026

$88.1M of leveraged positions were force-closed across 10 exchanges on this day, a two-sided deleveraging.

liquidated (24h)
$88.1M
events
26,288
longs wiped
$54.5M
shorts wiped
$33.5M
long 62%short 38%

Hourly intensity (UTC)

Liquidated volume per hour, stacked by side. Hover a bar for exact values.

00:00 UTC06:00 UTC12:00 UTC18:00 UTC24:00 UTC
above line, short liquidations (forced buys) below line, long liquidations (forced sells)hover a bar for exact values

What happened on 2026-09-25

26,288 liquidation events were recorded on this day, totalling $88.1M. Liquidations were two-sided (62% long / 38% short), a volatile session that punished leverage in both directions.

BTC bore the brunt: $24.5M across 1,204 events , 28% of the day's total. ETH followed with $10.8M. The single largest wipe of the day: a long BTCUSDT position worth $2.1M on binance at 14:04 UTC.

Data on this page is not an estimate: every event was recorded from the exchange engines in real time on the day it happened. Coverage: binance, okx, hyperliquid, bybit, bitget, gate, aster, htx, lighter, bitfinex. Vendors quoting different totals for the same day are reconstructing, extrapolating or double-counting, see the liquidation cascade entry in our dictionary.

Most liquidated coins, 2026-09-25

1BTC1,204 events$24.5M
2ETH937 events$10.8M
3SOL924 events$6.5M
4XRP694 events$4.7M
5ZEC755 events$3.9M
6PHA3,159 events$3.1M
7SUI869 events$2.8M
8ENA798 events$2.4M
9NEAR679 events$2.3M
10DOGE307 events$1.9M

Biggest single wipes, 2026-09-25

LONGBTCUSDTbinance14:04 UTC$2.1M
LONGBTC-USDhyperliquid14:04 UTC$2.0M
LONGBTCUSD_PERPbinance14:03 UTC$847K
SHORTBTCUSDTbinance20:38 UTC$803K
LONGETHUSDTbinance14:03 UTC$798K

By exchange, 2026-09-25