Conclusion first: In the past 24 hours, liquidations totaled $56.8M, with Binance accounting for 52%, but each individual trade was the most fragmented—averaging only $1,450.
Binance cleared 20,437 trades; the largest amount looks more like retail leverage exiting en masse. OKX has 5,962 trades, averaging about $2,196 per trade, and positions are clearly heavier.
Hyperliquid liquidated $16.6M, 786 trades, averaging about $2,116 per trade—also higher than Binance. The top three combined are about 80%. Today, all platforms are simultaneously liquidating on leveraged positions.
Does your position look more like Binance’s small orders, or OKX’s big orders?
Check in real time: https://www.coinboss.com/liquidations