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BUSDT short squeeze on May 12, 2026

BUSDT rose as much as 17.5% and finished 13.6% above its recorded baseline.

Corrected 11 Oct 2026. This event's starting price was recorded from a stale reference, which overstated its move. Measured from the window's first one-minute open, the move does not reach the base threshold for its original label, so it is no longer listed. The recording and replay are unchanged.

Investigate BUSDT →Research the setup at 23:23 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
+17.5%
Net move
+13.6%
Reported liquidations
$678K
Largest liquidation
$29K
Duration
12h 19m
Volume
$110M
Short squeezeBinance
05-12 20:18 to 05-13 14:46 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-05-13 14:35 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.
Rise to the highRetrospective phase · contract OI unavailable · +17.3%First reported liquidationshorts liquidated · $20Flash move+5.2%Range break with expanding participationUpward move · reference $0.6068 · trades 8.2×, volume 12.6× (5m average / prior 60m median) · known at 07:31:00 UTC close · $0.6389Range brokenUpward move · reference $0.6068 · trades 8.2×, volume 12.6× (5m average / prior 60m median) · known at 07:31:00 UTC close · $0.6389Large rejecting wick6.2%
4 more momentsVolume climax$6.0MLargest liquidationshorts liquidated · $29KFunding hit extreme (positive)+0.050%High$0.7419

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 0.76 of 1shorts liquidated 76%liquidations $678K

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: 2026-05-12T23:23:13.449Z to 2026-05-13T11:41:43.450Z.
  • Recorded baseline: $0.6312. High: $0.7419. End: $0.7172.
  • 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)1.1MTrades / tape421KLiquidations466Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. BUSDT rose as much as 17.5% and finished 13.6% above its recorded baseline. The event lasted 12h 19m.
  2. Liquidations skewed to the short side: a short squeeze, not just a move.
  3. $678K liquidated, largest reported liquidation $29K.
  4. First reported liquidation in this archive at 23:24 UTC, shorts liquidated.
  5. Capitulation wick of 6.2% at 07:32 UTC.
  6. Funding hit extreme (positive) at 07:33 UTC (+0.050%).