APRFrom

APRUSDT liquidation cascade on October 18, 2026

APRUSDT fell 42.9% at its peak, then round-tripped to finish 11.8% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-42.9%
Net move
-11.8%
Reported liquidations
$2.0M
Largest liquidation
$10K
Duration
62h 44m
Volume
$302M
Liquidation cascadeBinance
10-17 12:06 to 10-21 10:12 UTC · 30m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-10-21 10:00 UTC.

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 · $49K shorts reported liquidated · $402K longs reported liquidated · contract OI +100.9% · -42.9%Range midpoint recoveredDownward move · reference $0.02593 · trades 1.8×, volume 2.5× (5m average / prior 60m median) · known at 09:00:00 UTC close · $0.02498Range break with expanding participationDownward move · reference $0.025 · trades 3.4×, volume 4.9× (5m average / prior 60m median) · known at 09:01:00 UTC close · $0.02407Range brokenDownward move · reference $0.025 · trades 3.4×, volume 4.9× (5m average / prior 60m median) · known at 09:01:00 UTC close · $0.02407Low$0.02279After the extremeRetrospective phase · $512K shorts reported liquidated · $1.1M longs reported liquidated · contract OI +22.3% · +54.5%
6 more momentsBack inside the broken rangeDownward move · reference $0.025 · trades 1.3×, volume 1.5× (5m average / prior 60m median) · known at 09:36:00 UTC close · $0.02509Large rejecting wick3.3% of closeLargest short-liquidation minuteReported total over one minute; selected retrospectively · $34KVolume climax$1.8MLargest liquidationshorts liquidated · $10KLargest long-liquidation minuteReported total over one minute; selected retrospectively · $29K

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 0.72 of 1longs liquidated 72%liquidations $2.0Mchart 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: 2026-10-18T03:47:00.000Z to 2026-10-20T18:31:00.000Z.
  • Recorded baseline: $0.03991. High: $0.03991. End: $0.03521.
  • Detected Oct 20, 2026 · 12:31 UTC. Episode baseline $0.03991 at Oct 18, 2026 · 03:47 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)6.0MTrades / tape1.3MLiquidations2.8KLiquidation heatmapVPIN / toxicityOI & positioningFull snapshots3.8K
What you will see
  1. APRUSDT fell 42.9% at its peak, then round-tripped to finish 11.8% below its recorded baseline. The event lasted 62h 44m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $2.0M liquidated, largest reported liquidation $10K.
  4. Capitulation wick of 3.3% at 10:01 UTC.