FORFrom

FORMUSDT long squeeze on September 20, 2026

FORMUSDT rose 65.5% at its peak, then round-tripped to finish 9.5% above its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
+65.5%
Net move
+9.5%
Reported liquidations
$1.4M
Largest liquidation
$37K
Duration
68h 3m
Volume
$241M
Long squeezeBinance
09-20 03:15 to 09-24 09:19 UTC, including time outside the archive window · 1h candlesLow $0.2484 · high $0.4255
Key moments Modelled liquidation zones as of 09:05 UTC. Candle-based estimates, not observed liquidation orders.

Research markers

Why the long squeeze label?

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

Label confidence 0.65 of 1shorts liquidated 75%liquidations $1.4Mchart 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: 2026-09-20T20:16:00.000Z to 2026-09-23T16:19:00.000Z.
  • Recorded baseline: $0.2571. High: $0.4255. End: $0.2816.
  • Detected Sep 21, 2026 · 16:19 UTC. Episode baseline $0.2571 at Sep 20, 2026 · 20:16 UTC.
  • The long 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)4.4MTrades / tape1.0MLiquidations1.2KLiquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. FORMUSDT rose 65.5% at its peak, then round-tripped to finish 9.5% above its recorded baseline. The event lasted 68h 3m.
  2. Liquidations skewed to the long side: a long squeeze, not just a move.
  3. $1.4M liquidated, largest reported liquidation $37K.
  4. First reported liquidation in this archive at 22:58 UTC, shorts liquidated.
  5. Capitulation wick of 5.9% at 17:00 UTC.
  6. A double bottom broke out at 01:15 UTC.