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ARFrom

ARUSDT liquidation cascade on September 20, 2026

ARUSDT fell as much as 12.9% and finished 9.1% below its recorded baseline.

Investigate ARUSDT →Research the setup at 21:55 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-12.9%
Net move
-9.1%
Reported liquidations
$274K
Largest liquidation
$10K
Duration
46h 55m
Volume
$85.8M
Liquidation cascadeBinance
09-20 10:11 to 09-23 08:33 UTC · 30m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-09-23 08:20 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 · $196K longs reported liquidated · contract OI -6.4% · -12.9%Pattern breakdouble bottom · 89%OI peak$11.1MRange break with expanding participationDownward move · reference $4.407 · trades 3.1×, volume 7.2× (5m average / prior 60m median) · known at 04:21:00 UTC close · $4.365Range brokenDownward move · reference $4.407 · trades 3.1×, volume 7.2× (5m average / prior 60m median) · known at 04:21:00 UTC close · $4.365Large rejecting wick1.2%
6 more momentsFlash move-1.9%Largest long-liquidation minuteReported total over one minute; selected retrospectively · $21KVolume climax$1.0MLow$4.155After the extremeRetrospective phase · $19K shorts reported liquidated · $9K longs reported liquidated · contract OI -1.5% · +4.3%Recovered half51% retraced

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 75%liquidations $274Kchart 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: 2026-09-20T21:55:00.000Z to 2026-09-22T20:50:00.000Z.
  • Recorded baseline: $4.768. High: $5.168. End: $4.332.
  • Detected Sep 18, 2026 · 21:55 UTC. Episode baseline $2.605 at Sep 17, 2026 · 22:30 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)3.9MTrades / tape673KLiquidations287Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. ARUSDT fell as much as 12.9% and finished 9.1% below its recorded baseline. The event lasted 46h 55m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $274K liquidated, largest reported liquidation $10K.
  4. Capitulation wick of 1.2% at 05:19 UTC.
  5. Open interest peaked at $11.1M (07:23 UTC) before the unwind.
  6. A double bottom broke out at 22:13 UTC (89% confidence).
  7. Clawed back half of the move by 13:02 UTC.