ADAFrom

ADAUSDT liquidation cascade on September 15, 2026

ADAUSDT fell as much as 6.4% and finished 4.9% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-6.4%
Net move
-4.9%
Reported liquidations
$1.2M
Largest liquidation
$85K
Duration
19h 7m
Volume
$185M
Liquidation cascadeBinance
09-15 06:17 to 09-16 10:57 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-09-16 10:45 UTC.

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 0.87 of 1longs liquidated 98%liquidations $1.2Mchart pattern confirmed

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: 2026-09-15T11:04:00.000Z to 2026-09-16T06:11:00.000Z.
  • Recorded baseline: $0.2052. High: $0.2076. End: $0.1951.
  • Detected Sep 16, 2026 · 02:11 UTC. Episode baseline $0.2052 at Sep 15, 2026 · 11:04 UTC.
  • 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)1.5MTrades / tape88.2KLiquidations264Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots1.1K
What you will see
  1. ADAUSDT fell as much as 6.4% and finished 4.9% below its recorded baseline. The event lasted 19h 7m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $1.2M liquidated, largest reported liquidation $85K.
  4. Open interest peaked at $78.2M (13:05 UTC) before the unwind.
  5. A double top broke out at 14:44 UTC (78% confidence).
  6. Funding flipped positive at 21:34 UTC (+0.005%).