From
牛来USDT liquidation cascade on August 31, 2026
牛来USDT fell as much as 29.2% and finished 19.9% below its recorded baseline.
Archive corrected 2026-09-14. Earlier saved analyses may use the previous window or prices.
Order-book recording: 4 brief interruptions, 279.2 seconds in total.
Replay resumes from recorded snapshots. Treat order-book measurements within these intervals as unavailable; the event remains available.
- 2026-08-31T23:59:59.762Z to 2026-09-01T00:01:00.023Z.
- 2026-09-01T23:08:21.434Z to 2026-09-01T23:09:30.004Z.
- 2026-09-01T23:55:29.814Z to 2026-09-01T23:57:00.014Z.
- 2026-09-01T23:59:59.805Z to 2026-09-02T00:01:00.012Z.
Free replays cover the last 7 days and selected events.
- Peak move
- -29.2%
- Net move
- -19.9%
- Reported liquidations
- $782K
- Largest liquidation
- $13K
- Duration
- 25h 43m
- Volume
- $187M
Key moments
Times in UTC. Select one to replay from that minute. Phase totals and extremes are retrospective; sequence details show when the closed-minute reading was known.6 more moments
Volume climax$3.4MLargest liquidationlongs liquidated · $13KFlash move-6.0%Low$0.07406After the extremeRetrospective phase · $81K shorts reported liquidated · $2K longs reported liquidated · contract OI -1.5% · +13.0%Largest short-liquidation minuteReported total over one minute; selected retrospectively · $24KResearch markers
Why the liquidation cascade label?
These observations support the label. They do not show what caused the move or who started it.
Label confidence 0.78 of 1longs liquidated 78%liquidations $782K
Other 牛来USDT events
Examples, not a historical success rate.
PumpPeak +15.7%Volatility spikePeak +67.2%Volatility spikePeak +28.7%Browse all 牛来USDT events →Similar events in other markets
ARCUSDT cascadePeak -64.3%1000RATSUSDT cascadePeak -58.6%USUSDT cascadePeak -65.1%More liquidation cascade events →How these numbers are measured
Peak and net moves start from the recorded baseline, which can differ from the replay's first price.
Liquidations are reported venue snapshots; orders a venue left out are not rebuilt.
Exact definitions
- Replay window: 2026-08-31T22:40:00.000Z to 2026-09-02T00:23:00.000Z.
- Recorded baseline: $0.10454. High: $0.114. End: $0.0837.
- The liquidation cascade label describes the detected event class, so a later reversal changes the net move without silently changing the classification.
- Price-extreme and wick times mark the source candle, not the exact tick.
What the replay includes
Recorded streams
Order book (L2)2.4MTrades / tape863KLiquidations632Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
- 牛来USDT fell as much as 29.2% and finished 19.9% below its recorded baseline. The event lasted 25h 43m.
- Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
- $782K liquidated, largest reported liquidation $13K.
- Capitulation wick of 3.1% at 05:46 UTC.
Binance · 30M