History/2026-09-28

history · daily digest

Crypto liquidations, Monday, September 28, 2026

$425.2M of leveraged positions were force-closed across 10 exchanges on this day, a long-side cascade.

liquidated (24h)
$425.2M
events
98,558
longs wiped
$341.7M
shorts wiped
$83.5M
long 80%short 20%

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 2026-09-28

98,558 liquidation events were recorded on this day, totalling $425.2M. The day was overwhelmingly long-side: 80% of the volume came from forced sellers, marking a leveraged-long flush, the classic signature of a downside cascade.

BTC bore the brunt: $100.1M across 4,986 events , 24% of the day's total. ETH followed with $61.2M. The single largest wipe of the day: a long BTCUSDT position worth $6.5M on binance at 05:23 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, hyperliquid, okx, gate, bybit, bitget, htx, aster, 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, 2026-09-28

1BTC4,986 events$100.1M
2ETH3,788 events$61.2M
3SOL2,011 events$16.4M
4QNT10,414 events$16.4M
5ZEC2,265 events$16.4M
6NEAR1,682 events$16.2M
7XAU2,039 events$14.6M
8XRP1,961 events$11.9M
9SPCX221 events$10.0M
10HYPE1,027 events$9.6M

Biggest single wipes, 2026-09-28

LONGBTCUSDTbinance05:23 UTC$6.5M
SHORTETH-USDThtx01:50 UTC$4.6M
LONGSPCX_USDTgate13:03 UTC$4.4M
LONGSPCX_USDTgate13:03 UTC$3.0M
SHORTETH_USDTgate12:55 UTC$3.0M

By exchange, 2026-09-28