BTCFrom

BTCUSDT short squeeze on September 20, 2026

BTCUSDT rose as much as 8.5% and finished 6.9% above its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
+8.5%
Net move
+6.9%
Reported liquidations
$205M
Largest liquidation
$11.3M
Duration
57h 24m
Volume
$42.35B
Short squeezeBinance
09-19 22:45 to 09-23 12:51 UTC, including time outside the archive window · 30m candlesLow $80,095.9 · high $87,385.1
Key moments Modelled liquidation zones as of 12:40 UTC. Candle-based estimates, not observed liquidation orders.

Research markers

Why the short squeeze label?

These observations support the label. They do not show what caused the move or who started it.

Label confidence 0.80 of 1shorts liquidated 88%liquidations $205.2Mchart pattern confirmedcontagion cluster

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: 2026-09-20T13:06:00.000Z to 2026-09-22T22:30:00.000Z.
  • Recorded baseline: $80,548.1. High: $87,385.1. End: $86,128.7.
  • Detected Sep 22, 2026 · 06:45 UTC. Episode baseline $80,548 at Sep 20, 2026 · 13:06 UTC.
  • The short squeeze 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)9.8MTrades / tape11.2MLiquidations3.4KLiquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. BTCUSDT rose as much as 8.5% and finished 6.9% above its recorded baseline. The event lasted 57h 24m.
  2. Liquidations skewed to the short side: a short squeeze, not just a move.
  3. Moved with 2 other symbols in the same window: possible contagion.
  4. $205M liquidated, largest reported liquidation $11.3M.
  5. First reported liquidation in this archive at 13:07 UTC, shorts liquidated.
  6. A double bottom broke out at 13:06 UTC.