APTFrom

APTUSDT liquidation cascade on September 23, 2026

APTUSDT fell as much as 14.7% and finished 10.9% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-14.7%
Net move
-10.9%
Reported liquidations
$516K
Largest liquidation
$79K
Duration
15h 15m
Volume
$65.4M
Liquidation cascadeBinance
09-23 03:00 to 09-24 01:52 UTC, including time outside the archive window · 15m candlesLow $0.7247 · high $0.8587
Key moments Modelled liquidation zones as of 01:40 UTC. Candle-based estimates, not observed liquidation orders.

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 0.98 of 1longs liquidated 98%liquidations $516K

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: 2026-09-23T06:49:00.000Z to 2026-09-23T22:04:00.000Z.
  • Recorded baseline: $0.8494. High: $0.8517. End: $0.757.
  • Detected Sep 21, 2026 · 06:49 UTC. Episode baseline $0.7477 at Sep 21, 2026 · 00:18 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)1.7MTrades / tape564KLiquidations138Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. APTUSDT fell as much as 14.7% and finished 10.9% below its recorded baseline. The event lasted 15h 15m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $516K liquidated, largest reported liquidation $79K.
  4. First reported liquidation in this archive at 07:02 UTC, longs liquidated.
  5. Capitulation wick of 7.0% at 14:10 UTC.