Ethereum Liquidation Heatmap
The same model as our Bitcoin map, pointed at the second-largest perpetual market. It estimates where ETH liquidation orders are stacked above and below spot from live candles, volume and the exchange leverage tiers — so you can see the levels price is likely to be drawn toward.
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ETH liquidation clusters
liveClusters above spot short squeeze fuel
If price rises into these levels, short positions get force-bought out of the market.
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Clusters below spot long flush fuel
If price falls into these levels, long positions get force-sold into the book.
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How to read the Ethereum liquidation heatmap
Each bright band is a price where the model expects a large amount of leveraged ETH to be closed automatically by the exchange. Price does not have to reach a band, but when it gets close, the orders waiting there are market orders that must fill regardless of price — which is why a move into a dense cluster can accelerate rather than stall.
- A dense cluster just above spot is short positions that would be force-bought. A push into it can cascade, each liquidation lifting price toward the next level.
- A dense cluster just below spot is late longs that would be force-sold into the book.
- A streak that ends abruptly marks the candle where price traded through that level. That liquidity is gone and the level is no longer a magnet.
ETH and BTC leverage rarely sit in the same places. Keep the Bitcoin liquidation heatmap open next to this one: a cluster that appears on only one map is more likely to be asset-specific, while clusters on the same side of both maps point to a market-wide squeeze or flush.
Same model, ETH inputs
The map is built exactly like the Bitcoin version. Every candle in the window is treated as a cohort of positions opened at its typical price (high + low + close) / 3 and sized by its volume. The cohort is split across 10× (40%), 25× (30%), 50× (20%) and 100× (10%) leverage, each tier is projected to its liquidation price, and the level is removed once a later candle trades through it.
long liquidation = entry × (1 − (1/leverage − maintenance))short liquidation = entry × (1 + (1/leverage − maintenance))
Limits to keep in mind
- One maintenance margin for every pair. The model uses a fixed 0.4% rate. Binance's actual ETH brackets can differ, which shifts the high-leverage clusters by a fraction of a percent.
- Volume is a proxy for new positions. It also includes churn and closing flow.
- Leverage shares are assumed. Nobody publishes the real distribution.
- One venue. Binance is the largest perpetual market, but not the whole market.
Use the map alongside funding rates and open interest, and check what a transaction costs on-chain with the ETH gas tracker before moving collateral.
Frequently asked questions
What is an Ethereum liquidation heatmap?
A chart of ETH price against time in which each cell is shaded by how much leveraged ETH is estimated to be force-closed if price reaches that level. Bright horizontal bands are prices where many longs or shorts would be liquidated at once. A band above spot is fuel for a short squeeze; a band below spot is fuel for a long flush.
Is this real ETH liquidation data?
No — and no free or paid tool can show real liquidation orders. Exchanges do not publish the liquidation price of each open position. The map is a model built from Binance ETHUSDT perpetual candles: each candle becomes a cohort of positions sized by its volume, split across common leverage tiers and projected to its liquidation price. The full method is on our methodology page.
How is the ETH map different from the Bitcoin map?
The model is identical; the market is not. Ether has historically moved more than Bitcoin in percentage terms, so its clusters tend to be reached and swept more often and the map changes faster. Read the two side by side — the Bitcoin liquidation heatmap uses the same colours and windows.
Which time window should I use for ETH?
The 24-hour window uses 15-minute candles and shows near-term clusters in detail. The 7-day window uses hourly candles and is the default. The 30-day window uses 4-hour candles and shows the larger pockets that build up over weeks. You can also switch the pair to BTC, SOL, XRP, BNB or DOGE from the selector.
Is the ETH liquidation heatmap free?
Yes. No account, no email, no trial. The map is computed in your browser from public exchange APIs.