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AVAFrom

AVAXUSDT liquidation cascade on September 23, 2026

AVAXUSDT fell as much as 9.5% and finished 7.2% below its recorded baseline.

Investigate AVAXUSDT →Research the setup at 08:49 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-9.5%
Net move
-7.2%
Reported liquidations
$1.7M
Largest liquidation
$153K
Duration
11h 19m
Volume
$218M
Liquidation cascadeBinance
09-23 05:59 to 09-23 22:57 UTC, including time outside the archive window · 15m candlesLow $10.06 · high $11.299
Key moments Modelled liquidation zones as of 22:45 UTC. Candle-based estimates, not observed liquidation orders.

Key moments

Times in UTC. Select one to replay from that minute.
First reported liquidationlongs liquidated · $3KLargest liquidationlongs liquidated · $153KPattern breakdouble bottomCapitulation wick4.0%Low$10.06Pattern breakdouble top

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 0.91 of 1longs liquidated 98%liquidations $1.7Mchart pattern confirmed

Other AVAXUSDT events

Examples, not a historical success rate.

Long squeezePeak +9.3%Long squeezePeak +5.2%Volatility spikePeak +1.9%
3 more eventsVolatility spikePeak +1.3%Volatility spikePeak +6.3%Short squeezePeak +40.4%
Browse all AVAXUSDT events →

Similar events in other markets

3 other markets sold off in the same window, grouped because their order-flow toxicity (VPIN) moved together, not by price correlation.
DOGDOGEUSDT cascadePeak -10.0%LSKLSKUSDT pumpPeak +54.3%AGTAGTUSDT volatilityPeak +4.8%
More like this
ONEONEUSDT cascadePeak -38.0%MUBMUBARAKUSDT cascadePeak -27.4%B2B2USDT cascadePeak -33.1%
2 more events龙虾龙虾USDT cascadePeak -24.4%SAGSAGAUSDT cascadePeak -21.0%
More liquidation cascade events →

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: 2026-09-23T08:49:00.000Z to 2026-09-23T20:08:00.000Z.
  • Recorded baseline: $11.122. High: $11.299. End: $10.316.
  • Detected Sep 23, 2026 · 14:14 UTC. Episode baseline $11.122 at Sep 23, 2026 · 08:49 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 / tape646KLiquidations202Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. AVAXUSDT fell as much as 9.5% and finished 7.2% below its recorded baseline. The event lasted 11h 19m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. Moved with 3 other symbols in the same window: possible contagion.
  4. $1.7M liquidated, largest reported liquidation $153K.
  5. First reported liquidation in this archive at 08:50 UTC, longs liquidated.
  6. Capitulation wick of 4.0% at 14:10 UTC.
  7. A double bottom broke out at 09:21 UTC.