DOGFrom

DOGEUSDT liquidation cascade on September 23, 2026

DOGEUSDT fell as much as 10.0% and finished 5.0% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-10.0%
Net move
-5.0%
Reported liquidations
$7.8M
Largest liquidation
$873K
Duration
48h
Volume
$1.50B
Liquidation cascadeBinance
09-22 20:41 to 09-25 20:41 UTC, including time outside the archive window · 30m candlesLow $0.09097 · high $0.10437
Key moments Modelled liquidation zones as of 20:30 UTC. Candle-based estimates, not observed liquidation orders.

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 0.85 of 1longs liquidated 92%liquidations $7.8Mchart 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: 2026-09-23T08:41:00.000Z to 2026-09-25T08:41:00.000Z.
  • Recorded baseline: $0.10109. High: $0.10116. End: $0.09603.
  • Detected Sep 21, 2026 · 09:35 UTC. Episode baseline $0.08491 at Sep 20, 2026 · 08:41 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)6.9MTrades / tape2.1MLiquidations900Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. DOGEUSDT fell as much as 10.0% and finished 5.0% below its recorded baseline. The event lasted 48h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. Moved with 3 other symbols in the same window: possible contagion.
  4. $7.8M liquidated, largest reported liquidation $873K.
  5. First reported liquidation in this archive at 08:46 UTC, longs liquidated.
  6. Capitulation wick of 2.6% at 14:00 UTC.
  7. A double bottom broke out at 14:15 UTC.