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ETHFrom

ETHUSDT short squeeze on September 18, 2026

ETHUSDT rose as much as 7.4% and finished 3.5% above its recorded baseline.

Investigate ETHUSDT →Research the setup at 06:44 UTC →Arm this alert →Current ETH liquidation heatmap →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
+7.4%
Net move
+3.5%
Reported liquidations
$80.5M
Largest liquidation
$5.3M
Duration
48h
Volume
$20.42B
Short squeezeBinance
09-17 18:44 to 09-20 18:44 UTC · 30m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-09-20 18:30 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.
Rise to the highRetrospective phase · $54.1M shorts reported liquidated · $5.5M longs reported liquidated · contract OI +2.3% · +7.4%Pattern breakdouble bottom · 92%Largest short-liquidation minuteReported total over one minute; selected retrospectively · $4.5MOI peak$6.38BHigh$2,669Volume climax$210M
4 more momentsAfter the extremeRetrospective phase · $1.4M shorts reported liquidated · $17.5M longs reported liquidated · contract OI -1.5% · -3.7%Largest long-liquidation minuteReported total over one minute; selected retrospectively · $6.8MGave back half54% retracedLargest liquidationlongs liquidated · $5.3M

Research markers

Why the short squeeze label?

These observations support the label. They do not show what caused the move or who started it.

Label confidence 0.61 of 1shorts liquidated 71%liquidations $80.5Mchart 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: 2026-09-18T06:44:00.000Z to 2026-09-20T06:44:00.000Z.
  • Recorded baseline: $2,484.05. High: $2,669. End: $2,571.25.
  • Detected Sep 15, 2026 · 18:44 UTC. Episode baseline $2,518 at Sep 13, 2026 · 06:44 UTC.
  • The short squeeze 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)6.4MTrades / tape2.7MLiquidations2.7KLiquidation heatmapVPIN / toxicityOI & positioningFull snapshots2.9K
What you will see
  1. ETHUSDT rose as much as 7.4% and finished 3.5% above its recorded baseline. The event lasted 48h.
  2. Liquidations skewed to the short side: a short squeeze, not just a move.
  3. $80.5M liquidated, largest reported liquidation $5.3M.
  4. Open interest peaked at $6.38B (09:08 UTC) before the unwind.
  5. A double bottom broke out at 07:25 UTC (92% confidence).
  6. Gave back half of the move by 02:56 UTC.