【Liquidation Watch】Altcoins: 1-Hour Summary | Altcoin Long Liquidations Highly Concentrated; Does Falling Open Interest Mean Leverage Has Been Flushed Out?
Over the past hour, most positions on the altcoin liquidation list were longs, with liquidations concentrated in a handful of assets.
The assets with concentrated liquidations saw prices weaken alongside a decline in OI, confirming that forced closures of long positions drove a reduction in open contract positions. However, public data from an individual exchange cannot represent liquidity across the entire market, nor can it directly indicate whether spot-market buyers are willing to step in.
Going forward, watch whether funding rates on these assets turn negative after OI declines, and whether trading activity holds up. With long leverage shrinking sharply, do you think this is a short-term shakeout or the beginning of a broader flight to safety?
📊 Trigger signal: Altcoin liquidations totaled approximately 109,515 USDT within 5 minutes, starting a 1-hour observation window (2026/10/19 00:44:42 to 2026/10/19 01:44:42).
Total altcoin liquidations during the window: approximately 407,755 USDT; longs approximately 406,119 USDT (99.6%), shorts approximately 1,636 USDT (0.4%). Polling captured 56 events across 44 tokens.
Largest liquidations (price and OI show changes during the window):
・$ARX approximately 176,881 USDT (100% longs)｜Price -1.79%｜OI -13.53%
・$SPACE approximately 111,201 USDT (100% longs)｜Price -1.34%｜OI -8.59%
・BANK approximately 38,455 USDT (100% longs)｜Price +0.55%｜OI -0.28%
・JELLYJELLY approximately 36,172 USDT (100% longs)｜Price -0.40%｜OI -1.25%
・AEON approximately 28,273 USDT (100% longs)｜Price +0.75%｜OI -7.14%
・HOLO approximately 5,926 USDT (100% longs)｜Price -0.11%｜OI -5.39%
Follow me for ongoing updates on how liquidations, prices, and open interest corroborate one another.
Statistics as of 2026/10/19 01:44:42 Taipei time. Data is from polling public liquidation orders on Gate.io and represents a single exchange only; it is not the total liquidation volume across the entire market. For informational purposes only; not investment advice.
Over the past hour, most positions on the altcoin liquidation list were longs, with liquidations concentrated in a handful of assets.
The assets with concentrated liquidations saw prices weaken alongside a decline in OI, confirming that forced closures of long positions drove a reduction in open contract positions. However, public data from an individual exchange cannot represent liquidity across the entire market, nor can it directly indicate whether spot-market buyers are willing to step in.
Going forward, watch whether funding rates on these assets turn negative after OI declines, and whether trading activity holds up. With long leverage shrinking sharply, do you think this is a short-term shakeout or the beginning of a broader flight to safety?
📊 Trigger signal: Altcoin liquidations totaled approximately 109,515 USDT within 5 minutes, starting a 1-hour observation window (2026/10/19 00:44:42 to 2026/10/19 01:44:42).
Total altcoin liquidations during the window: approximately 407,755 USDT; longs approximately 406,119 USDT (99.6%), shorts approximately 1,636 USDT (0.4%). Polling captured 56 events across 44 tokens.
Largest liquidations (price and OI show changes during the window):
・$ARX approximately 176,881 USDT (100% longs)｜Price -1.79%｜OI -13.53%
・$SPACE approximately 111,201 USDT (100% longs)｜Price -1.34%｜OI -8.59%
・BANK approximately 38,455 USDT (100% longs)｜Price +0.55%｜OI -0.28%
・JELLYJELLY approximately 36,172 USDT (100% longs)｜Price -0.40%｜OI -1.25%
・AEON approximately 28,273 USDT (100% longs)｜Price +0.75%｜OI -7.14%
・HOLO approximately 5,926 USDT (100% longs)｜Price -0.11%｜OI -5.39%
Follow me for ongoing updates on how liquidations, prices, and open interest corroborate one another.
Statistics as of 2026/10/19 01:44:42 Taipei time. Data is from polling public liquidation orders on Gate.io and represents a single exchange only; it is not the total liquidation volume across the entire market. For informational purposes only; not investment advice.