$0 of leveraged MELANIA positions were liquidated on Hyperliquid over the latest complete day — 0 liquidation events. Longs and shorts were hit fairly evenly. Every number here comes from on-chain settled fills — not an estimate reconstructed from exchange order books.
MELANIA liquidations — the last 30 days
Over the last 30 days, $157.5K in MELANIA positions was liquidated on Hyperliquid across 9 days with liquidations — about $17.5K per day. The heaviest day was 2026-08-22, with $125.1K force-closed — roughly 7× a typical day. The latest complete day came in below that average.
The 30-day split is close to even — 44% longs to 56% shorts — with neither side dominating MELANIA liquidations.
All markets side by side live on the liquidations hub; for contrast, see BTC liquidations.
Which markets got hit
Top markets by liquidated notional on the latest complete day.
| Market | Total | Longs | Shorts | Split | Events |
|---|---|---|---|---|---|
| BTC | $28.4M | $28.4M | $47 | 3,923 | |
| ZEC | $9.2M | $9.2M | $50.8K | 2,124 | |
| HYPE | $8.8M | $8.8M | $22 | 2,263 | |
| CL | $5.9M | $11.8K | $5.9M | 1,006 | |
| BRENTOIL | $4.8M | $34 | $4.8M | 854 | |
| ETH | $3.7M | $3.6M | $95.2K | 981 | |
| XRP | $2.0M | $2.0M | — | 627 | |
| SOL | $1.6M | $1.6M | — | 605 | |
| PUMP | $1.3M | $1.3M | — | 1,089 | |
| AAPL | $1.2M | — | $1.2M | 186 | |
| ENA | $948.2K | $948.2K | — | 289 | |
| SILVER | $901.5K | $901.5K | — | 262 | |
| ORCL | $767.0K | $492.3K | $274.6K | 259 | |
| ARB | $746.2K | $746.0K | $207 | 675 | |
| WLD | $687.0K | $687.0K | — | 209 | |
| PONS | $651.3K | $651.0K | $249 | 836 | |
| CASHCAT | $580.3K | $579.8K | $518 | 738 | |
| MSTR | $566.1K | $566.1K | — | 153 | |
| XYZ100 | $545.1K | $545.1K | — | 78 | |
| CRV | $541.8K | $541.8K | — | 194 |
What the whales are holding
Open positions above $100k notional, by wallet — not an exchange aggregate. Every row can be opened and checked.
269 wallets hold 1,290 positions over $100k: $865.5M long against $1.89B short. Whales lean short — 69% of the notional is on the sell side.
| Market | Long | Short | % | Whales |
|---|---|---|---|---|
| ETH | $159.1M | $524.5M | 61 | |
| BTC | $165.3M | $335.4M | 86 | |
| HYPE | $167.0M | $186.6M | 57 | |
| SOL | $13.1M | $142.2M | 31 | |
| GOLD | $20.2M | $80.8M | 29 | |
| XRP | $4.3M | $61.3M | 19 | |
| BRENTOIL | $27.9M | $27.7M | 13 | |
| ZEC | $37.2M | $17.0M | 35 |
Last 30 days
Daily liquidated notional, longs and shorts stacked.
Key facts
- $0 of MELANIA liquidated on Hyperliquid on 2026-09-10 (UTC day).
- 0 liquidation events hit 0 wallets.
- Longs $0 vs shorts $0 — longs took the larger share.
- Most-liquidated market: BTC at $28.4M.
- 30-day peak: $125.1K on 2026-08-22.
- Source: Hyperliquid on-chain settled fills, aggregated daily by Compass.
How to read the liquidation heatmap
The map at the top plots price and time against liquidation density. Each horizontal band marks a price level where leveraged positions would be force-closed; the brighter the band, the more notional is at risk there. Bands persist until price trades through them — a band that ends against a candle means those positions were flushed.
Clusters act like magnets. A dense band above or below the current price is forced buying or selling waiting to happen: when price reaches it, liquidations execute at market and push price further in the same direction. The right-hand profile sums this up — how much would be liquidated on a move up (shorts) or down (longs) from the current price.
The threshold slider clips the colour scale at a percentile: at 0.85 everything above the 85th percentile of density burns at full brightness, which makes the big clusters stand out. Candles and the daily totals below the map are settled on-chain data; the heat bands are currently a model estimate built from price and volume at typical leverage tiers (100×, 50×, 25×, 10×, 5×) — the same approach other heatmaps use. Unlike them, Hyperliquid settles everything on-chain, so the next step here is replacing the estimate with actual liquidation prices of real wallets.
How to read the daily numbers
A liquidation happens when a leveraged position can no longer cover its margin and the exchange closes it at market. The number above is the notional value of positions force-closed in the last complete day — not trader losses, which are smaller and depend on entry price.
Longs and shorts tell opposite stories. Longs get liquidated when price falls; shorts when it rises. A day dominated by short liquidations usually means a sharp rally caught bearish positioning offside — and the forced buying pushes price further up, which is why these events cluster.
Why Hyperliquid numbers differ from centralised exchanges. On a CEX, liquidation data is whatever the venue chooses to publish, and most heatmaps you find elsewhere are estimates reconstructed from order books. Hyperliquid settles every fill on-chain, so these totals are counted from settled trades rather than modelled. The trade-off: this covers Hyperliquid only, not the whole market.
New to perpetuals? Start with what Hyperliquid is and how on-chain perps work.
Looking for who is trading these moves? See the Hyperliquid leaderboard for the traders behind the volume, or markets for per-coin activity.
FAQ
How much was liquidated on Hyperliquid in the last 24 hours?
$0 of MELANIA liquidated on Hyperliquid on 2026-09-10 (UTC day). 0 liquidation events hit 0 wallets.
What is a liquidation heatmap?
A chart that overlays price with the levels where leveraged positions get force-closed. Bright bands are clusters of liquidation liquidity: price is often drawn toward them, because crossing a cluster triggers forced market orders that fuel the move. Traders use the map to spot likely squeeze targets and stop-hunt zones before they happen.
Is the heatmap real data or an estimate?
The candles and every daily total on this page are settled on-chain fills. The heat bands are currently an estimate modelled from price and volume at typical leverage tiers — the same method used elsewhere. Because Hyperliquid settles on-chain, we are replacing that model with the actual liquidation prices of real tracked wallets, which no order-book estimate can provide.
What does it mean when shorts are liquidated?
Short positions are force-closed when price rises against them. Closing a short means buying back, so a wave of short liquidations adds buying pressure and can accelerate a rally — a short squeeze. The reverse is true for longs.
Is this real data or an estimate?
Real. Every Hyperliquid trade settles on-chain, so these totals come from settled fills flagged as liquidations. Most liquidation heatmaps published elsewhere are estimates modelled from centralised-exchange order books.
Does this cover the whole crypto market?
No — Hyperliquid only. Cross-exchange totals published elsewhere include Binance, Bybit and others, so they are much larger. The advantage here is that the underlying data is verifiable rather than self-reported.
How often is it updated?
The aggregate is rebuilt daily from the on-chain fill stream. The page shows the latest complete day; the timestamp under the headline says exactly which.
Can I use these numbers in an article?
Yes. Please cite Compass and link to this page — the ready-made citation line is in the Key facts block above.