HL Book

Every liquidation price we called

Most liquidation maps are models: they estimate where leverage sits from open interest and volume. We read the positions themselves, so when we name a price it belongs to one account and one position. The claim we make is the price, not the direction: if this coin trades here, this specific book is gone. This page tests that claim. Every level we have published sits below with what the market actually did, resolved live from our own mark history each time the page loads. Levels the market never reached stay on the page.

Post the record
Levels called
13
Closest approach
1.4%
named price vs. the extreme reached
Price traded through
12 of 13
the rest are still open
Size behind them
$565.60M

The record

newest first
CalledPositionSizeLevel we namedExtreme sinceOutcome
2026-09-28BTClong0x5cee…a723$97.04M80,590.075,820.5reached, 5.9% throughpostpost this
2026-09-28BTClong0x926a…af36$8.30M81,489.075,820.5reached, 7.0% throughpostpost this
2026-09-28BTClong0x396d…5899$7.49M83,103.075,820.5reached, 8.8% throughpost this
2026-09-28BTClong0x20b7…10fe$5.17M82,837.075,820.5reached, 8.5% throughpost this
2026-09-27BTCshort0xc3ed…00dd$16.89M85,621.086,875.5reached, 1.5% throughpost this
2026-09-27BTCshort0x7689…d93c$10.07M85,679.086,875.5reached, 1.4% throughpost this
2026-09-24BTClong0xabf6…f21a$31.01M82,901.075,820.5reached, 8.5% throughpost this
2026-09-24BTClong0x7689…d93c$7.40M82,500.075,820.5reached, 8.1% throughpost this
2026-09-23ETHlong0x020c…5872$99.80M2,534.02,178.1reached, 14.0% throughpost this
2026-09-23ETHlong0x77dd…e0e9$109.60M2,514.02,178.1reached, 13.4% throughpost this
2026-09-23ETHlong0x0392…d7d9$151.20M2,454.02,178.1reached, 11.2% throughpost this
2026-09-23LITshort0x61ce…a62b$13.20M7.4605.518open, 26.0% away
2026-09-23BTClong0x926a…af36$8.43M82,939.075,820.5reached, 8.6% throughpost this

How this is scored

  • A level is recorded the moment we publish it, with the post that published it. Nothing is added afterwards.
  • “Reached” means the mark traded at or through the price we named. The extreme column is the lowest mark since the call for a long, the highest for a short.
  • Error is measured in basis points from the named price to that extreme. Marks are sampled every five minutes, so a wick shorter than that can be missed.
  • A reached level does not always mean the position was liquidated. Traders add margin, cut size, or close first. The position page shows what each one did.