Liquidation cascade on WLFIUSDT
04:40 UTC
PEAK MOVE-22.5%NET MOVE-19.4%LIQUIDATED$4.01M
WLFIUSDT fell as much as 22.5% and finished 19.4% below its starting price.
August 22, 2026: what fired, and what usually follows
Every night, the market states EdgeDepth tracks are counted against the full record. When one fired, this page shows what usually followed the previous times it fired on that market, and links the moment itself for replay. Counts first, each with its size, straight from the record.
Liquidation cascade on ONDOUSDT
04:43 UTC
PEAK MOVE-27.2%NET MOVE-8.7%LIQUIDATED$2.56M
ONDOUSDT fell 27.2% intraperiod, then round-tripped to finish 8.7% below its starting price.
OI accelerating into liquidations
BTCUSDT · 22:05 UTC
WHAT FIRED
OI accelerating into liquidations fired on BTCUSDT at 22:05 UTC. It fired 8 times on this market during the day; the latest is linked below. It also fired on BNBUSDT, DOGEUSDT, SOLUSDT and XRPUSDT.
WHAT USUALLY FOLLOWS
The 1,490 previous times this happened on BTCUSDT, the median move over the next 24 hours was -0.10%, with a typical worst drawdown of -1.51% (1,479 of 1,490 with a complete 24h).
Over the last 30 days, 25 of 112 of these closed 2% or more higher within a day (22.3%). Across the 39,327 BTCUSDT minutes when it was not present, 4,019 did (10.2%).
Why the counts matterSwept the lows and reclaimed (1h)
DOGEUSDT · 06:00 UTC
WHAT FIRED
Swept the lows and reclaimed (1h) fired on DOGEUSDT at 06:00 UTC. It also fired on BTCUSDT, ETHUSDT and SOLUSDT.
WHAT USUALLY FOLLOWS
The 577 previous times this happened on DOGEUSDT, the median move over the next 24 hours was -0.19%, with a typical worst drawdown of -2.35% (576 of 577 with a complete 24h).
Over the last 30 days, 1 of 27 of these closed 2% or more higher within a day (3.7%). Across the 38,462 DOGEUSDT minutes when it was not present, 6,948 did (18.1%).
Why the counts matterCrowd long, leaders not
XRPUSDT · 05:01 UTC
WHAT FIRED
Crowd long, leaders not fired on XRPUSDT at 05:01 UTC.
WHAT USUALLY FOLLOWS
The 207 previous times this happened on XRPUSDT, the median move over the next 24 hours was -0.06%, with a typical worst drawdown of -1.65% (206 of 207 with a complete 24h).
Over the last 30 days, 6 of 35 of these closed 2% or more higher within a day (17.1%). Across the 18,779 XRPUSDT minutes when it was not present, 4,531 did (24.1%).
Why the counts matterChecked across 75 markets and 21 tracked market states. Ask this page again tomorrow: same answer for this day.
Observed examples in a selected archive, not a guarantee. Nothing here is trading advice.
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