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CTFrom

CTUSDT liquidation cascade on October 20, 2026

CTUSDT fell as much as 35.4% and finished 34.2% below its recorded baseline.

Investigate CTUSDT →Research the setup at 19:19 UTC →Arm this alert →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-35.4%
Net move
-34.2%
Reported liquidations
$342K
Largest liquidation
$6K
Duration
72h
Volume
$97.0M
Liquidation cascadeBinance
10-20 01:19 to 10-24 13:19 UTC · 1h candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-10-24 05:45 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 · $26K shorts reported liquidated · $297K longs reported liquidated · contract OI +52.5% · -35.4%OI peak$6.5MLarge rejecting wick2.4% of closeFlash move-3.3%Largest long-liquidation minuteReported total over one minute; selected retrospectively · $15KVolume climax$1.1M
5 more momentsFunding hit extreme (negative)-0.050%Pattern breakdescending trendline · 88%Range brokenDownward move · reference $0.2088 · trades 1.7×, volume 3.0× (5m average / prior 60m median) · known at 15:36:00 UTC close · $0.2072Low$0.2016After the extremeRetrospective phase · $918 shorts reported liquidated · $18K longs reported liquidated · contract OI -0.8% · +1.9%

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 0.92 of 1longs liquidated 92%liquidations $342Kchart 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: 2026-10-20T19:19:00.000Z to 2026-10-23T19:19:00.000Z.
  • Recorded baseline: $0.31197. High: $0.34454. End: $0.20532.
  • Detected Oct 23, 2026 · 11:06 UTC. Episode baseline $0.312 at Oct 20, 2026 · 19:19 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)4.5MTrades / tape1.2MLiquidations612Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots4.3K
What you will see
  1. CTUSDT fell as much as 35.4% and finished 34.2% below its recorded baseline. The event lasted 72h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $342K liquidated, largest reported liquidation $6K.
  4. Capitulation wick of 2.4% at 02:29 UTC.
  5. Open interest peaked at $6.5M (01:47 UTC) before the unwind.
  6. A descending trendline broke out at 05:33 UTC (88% confidence).
  7. Funding hit extreme (negative) at 17:31 UTC (-0.050%).