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CTUSDT liquidation cascade on October 22, 2026

CTUSDT fell as much as 41.9% and finished 31.9% below its recorded baseline.

Investigate CTUSDT →Research the setup at 07:15 UTC →Arm this alert →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-41.9%
Net move
-31.9%
Reported liquidations
$523K
Largest liquidation
$15K
Duration
72h
Volume
$113M
Liquidation cascadeBinance
10-21 13:15 to 10-26 01:15 UTC · 1h candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-10-25 08:00 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 · $53K shorts reported liquidated · $406K longs reported liquidated · contract OI +48.9% · -41.9%Large rejecting wick2.2% of closePattern breakdescending trendline · 88%OI peak$5.9MLargest long-liquidation minuteReported total over one minute; selected retrospectively · $21KLargest liquidationlongs liquidated · $15K
6 more momentsFunding flipped positive+0.005%Range brokenDownward move · reference $0.1581 · trades 1.3×, volume 1.5× (5m average / prior 60m median) · known at 18:31:00 UTC close · $0.1567Volume climax$473KLow$0.1501After the extremeRetrospective phase · $48K shorts reported liquidated · $15K longs reported liquidated · contract OI -3.3% · +17.3%Flash move+2.8%

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 0.81 of 1longs liquidated 81%liquidations $523Kchart 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: 2026-10-22T07:15:00.000Z to 2026-10-25T07:15:00.000Z.
  • Recorded baseline: $0.2584. High: $0.2584. End: $0.17603.
  • Detected Oct 25, 2026 · 02:30 UTC. Episode baseline $0.2584 at Oct 22, 2026 · 07:15 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)4.4MTrades / tape1.3MLiquidations896Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots4.3K
What you will see
  1. CTUSDT fell as much as 41.9% and finished 31.9% below its recorded baseline. The event lasted 72h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $523K liquidated, largest reported liquidation $15K.
  4. Capitulation wick of 2.2% at 01:52 UTC.
  5. Open interest peaked at $5.9M (19:00 UTC) before the unwind.
  6. A descending trendline broke out at 05:33 UTC (88% confidence).
  7. Funding flipped positive at 09:42 UTC (+0.005%).