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牛来From

牛来USDT liquidation cascade on September 6, 2026

牛来USDT fell as much as 18.3% and finished 14.5% below its recorded baseline.

Investigate 牛来USDT →Research the setup at 16:28 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-18.3%
Net move
-14.5%
Reported liquidations
$343K
Largest liquidation
$10K
Duration
28h
Volume
$101M
Liquidation cascadeBinance · 30M

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.
Fall to the lowRetrospective phase · $38K shorts reported liquidated · $291K longs reported liquidated · contract OI +12.1% · -18.1%Large rejecting wick2.4%Funding hit extreme (positive)+0.050%Largest short-liquidation minuteReported total over one minute; selected retrospectively · $13KOI peak$29.1MFlash move-2.7%
5 more momentsVolume climax$1.2MLargest long-liquidation minuteReported total over one minute; selected retrospectively · $28KLow$0.07875After the extremeRetrospective phase · $13K shorts reported liquidated · $563 longs reported liquidated · contract OI +0.4% · +4.5%Largest liquidationshorts liquidated · $10K

Research 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 0.85 of 1longs liquidated 85%liquidations $343K

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: 2026-09-06T16:28:19.285Z to 2026-09-07T20:28:19.297Z.
  • Recorded baseline: $0.09638. High: $0.09675. End: $0.08241.
  • 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.
Data provenance and methodology →
What the replay includes
Recorded streams
Order book (L2)2.0MTrades / tape524KLiquidations305Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. 牛来USDT fell as much as 18.3% and finished 14.5% below its recorded baseline. The event lasted 28h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $343K liquidated, largest reported liquidation $10K.
  4. Capitulation wick of 2.4% at 19:23 UTC.
  5. Open interest peaked at $29.1M (10:10 UTC) before the unwind.
  6. Funding hit extreme (positive) at 03:48 UTC (+0.050%).