TENCENT liquidation heatmap, liquidation map and liquidity heatmap

How to read the map

• Bright bands. Brighter means more size at that price.
  Liquidations: where many leveraged positions would be liquidated if price gets there. These are estimates. A level disappears once a candle wick trades through it.
  Order book: real limit orders, sell orders above the price, buy orders below. The longer they stay, the brighter the band. Orders can be moved or cancelled.
• Now column. The bars on the right are the same layer at this moment, level by level. A longer bar means more size at that price; the brightest bars are the levels that stand out.
• $965KTags on the price scale. The biggest levels with their size in dollars. A dotted line runs from each across the chart.
• Dollar scale. Above the map on the right: how many dollars sit in one 0.25% level for the dimmest colour and for the brightest. It follows the contrast slider.
• Dashed lines. Average entry prices of whales: blue for longs, red for shorts, from Binance data. Turn them off with the Whales button.
• Candles. The price. On narrow screens the price is a white line.
• Updates by itself. The price in the header is live from Binance; the map, the order book and the whale lines refresh every minute. No need to reload the page.