MSTR liquidation heatmap
Estimated liquidation levels of MSTR perpetual positions, up to 30 days back. Current price 115.45.
MSTR liquidation heatmap
Updated 12 Nov 2026, 13:07 UTC. Bybit MSTR/USDT perpetual. An estimate from open interest and common leverage levels, not exchange data.
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Largest MSTR liquidation levels now
The biggest estimated clusters that price has not reached yet. Shorts are liquidated above the price, longs below it.
| Price level | Positions liquidated there | From price | Estimated size |
|---|---|---|---|
| 141.14 | Shorts | +22.3% | $743.62K |
| 137.39 | Shorts | +19.0% | $400.18K |
| 133.34 | Shorts | +15.5% | $716.20K |
| 130.75 | Shorts | +13.3% | $590.52K |
| 129.88 | Shorts | +12.5% | $424.19K |
| 127.28 | Shorts | +10.3% | $494.56K |
| 113.43 | Longs | −1.7% | $222.46K |
| 112.85 | Longs | −2.3% | $159.72K |
| 112.28 | Longs | −2.7% | $550.62K |
| 108.52 | Longs | −6.0% | $111.40K |
| 107.95 | Longs | −6.5% | $212.38K |
| 105.06 | Longs | −9.0% | $135.39K |
What is a liquidation heatmap
A liquidation heatmap marks the prices where leveraged positions would be force-closed by the exchange. A long opened with 25x leverage is liquidated about 4% below its entry, a short about 4% above. When many positions share a level, a move into it sets off a chain of forced orders – that is why traders watch these levels as targets and as danger zones.
How to read it
- Bright bands
- Large estimated size of positions liquidated at that price.
- Above the price
- Liquidation levels of shorts. A rise into them forces shorts to buy.
- Below the price
- Liquidation levels of longs. A fall into them forces longs to sell.
- Where a band ends
- Price reached the level and the positions there are counted as closed.
On the chart
Liquidations that already happened are an indicator on the chart, next to Open Interest, Funding Rate and Long/Short Ratio.
Frequently asked questions
What is a liquidation heatmap?
A chart that shows the price levels where leveraged positions are estimated to be liquidated. Brighter bands mean a larger total size of positions with a liquidation price at that level.
How do you read a liquidation heatmap?
Bands above the current price are liquidation levels of short positions, bands below it are liquidation levels of longs. Price is often drawn toward large bands, because the forced orders there add fuel to the move.
Is the liquidation heatmap exact?
No. Exchanges do not publish other traders’ liquidation prices. The map is an estimate built from the growth of open interest and common leverage levels.
How is the MSTR liquidation heatmap calculated?
Each hourly rise in open interest on Bybit is treated as new positions opened at that hour’s price, split between longs and shorts and across 10x, 25x, 50x and 100x leverage. Each group gets a liquidation price, and a level stays on the map until price reaches it.
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