ESPORTSUSDT fell as much as 56.0% and finished 32.6% below its starting price.

Peak move is the largest signed price excursion from the event's starting price. Net move is the start-to-finish change. The liquidation cascade label describes the detected event class, so a later reversal changes the net move without silently changing the classification.

1. ESPORTSUSDT fell as much as 56.0% and finished 32.6% below its starting price. The event lasted 12h 1m.
2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
3. $548K liquidated, largest single fill $14K.
4. First forced-sell at 15:55 UTC, longs liquidated.
5. $188K force-liquidated in about a minute from 18:25 UTC.
6. Capitulation wick of 9.0% at 18:25 UTC.
7. Open interest peaked at $13.2M (16:37 UTC) before the unwind.
8. Funding flipped negative at 19:16 UTC (-0.005%).
9. Clawed back half of the move by 20:15 UTC.