Visualise where leverage is concentrated: a liquidation heatmap showing clusters above and below current price, plus 24h liquidation totals by exchange and side for BTC, ETH and the top perpetual markets.
Dense clusters below price are long liquidations waiting to cascade; clusters above are shorts. Price is often drawn toward the largest pools of forced orders — the heatmap shows where that magnet sits.
The companion map projects liquidation levels from open interest and typical leverage tiers (10×–100×) per venue, Coinglass-style, so you can see the structure even between cascade events.
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