CHZFrom

CHZUSDT liquidation cascade on May 22, 2026

CHZUSDT fell as much as 10.6% and finished 8.3% below 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.

Free replays cover the last 7 days and selected events.

Peak move
-10.6%
Net move
-8.3%
Reported liquidations
$393K
Largest liquidation
$33K
Duration
12h 1m
Volume
$30.7M
Liquidation cascadeBinance
05-22 20:52 to 05-23 14:52 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-05-23 14:40 UTC.

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 $393K

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: 2026-05-22T23:52:16.219Z to 2026-05-23T11:52:46.210Z.
  • Recorded baseline: $0.04023. High: $0.041. End: $0.0369.
  • 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)822KTrades / tape74.2KLiquidations119Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots720
What you will see
  1. CHZUSDT fell as much as 10.6% and finished 8.3% below its recorded baseline. The event lasted 12h 1m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $393K liquidated, largest reported liquidation $33K.
  4. First reported liquidation in this archive at 00:40 UTC, longs liquidated.
  5. $231K force-liquidated in about a minute from 07:50 UTC.