From
GIGGLEUSDT liquidation cascade on August 22, 2026
GIGGLEUSDT fell 34.3% at its peak, then round-tripped to finish 12.3% below its recorded baseline.
Free replays cover the last 7 days and selected events.
- Peak move
- -34.3%
- Net move
- -12.3%
- Reported liquidations
- $456K
- Largest liquidation
- $43K
- Duration
- 4h 30m
- Volume
- $16.1M
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.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 0.96 of 1longs liquidated 96%liquidations $456Kchart pattern confirmedcontagion cluster
Other GIGGLEUSDT events
No other GIGGLEUSDT events in the archive yet.
Browse all GIGGLEUSDT events →Similar events in other markets
20 other markets sold off in the same window, grouped because their order-flow toxicity (VPIN) moved together, not by price correlation.
WLFIUSDT cascadePeak -22.5%ONDOUSDT cascadePeak -27.2%NEARUSDT cascadePeak -18.1%17 more markets
BASEDUSDT cascadePeak -41.5%JTOUSDT cascadePeak -23.8%BSBUSDT cascadePeak -39.7%PIPPINUSDT cascadePeak -29.4%RIVERUSDT cascadePeak -33.0%PLUMEUSDT crashPeak -27.4%GRASSUSDT crashPeak -23.0%BERAUSDT crashPeak -30.4%BICOUSDT crashPeak -25.4%REDUSDT crashPeak -24.6%GRVTUSDT crashPeak -23.8%4USDT crashPeak -29.1%DOSUSDT crashPeak -22.0%TSTUSDT crashPeak -29.2%EPICUSDT pumpPeak +33.3%MOVEUSDT crashPeak -22.5%0GUSDT crashPeak -23.5%More like this
ARCUSDT cascadePeak -64.3%1000RATSUSDT cascadePeak -58.6%USUSDT cascadePeak -65.1%More liquidation cascade events →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: 2026-08-22T04:40:02.015Z to 2026-08-22T09:10:15.865Z.
- Recorded baseline: $41.82. High: $42.23. End: $36.67.
- 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.
What the replay includes
Recorded streams
Order book (L2)205KTrades / tape67.6KLiquidations137Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
- GIGGLEUSDT fell 34.3% at its peak, then round-tripped to finish 12.3% below its recorded baseline. The event lasted 4h 30m.
- Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
- Moved with 20 other symbols in the same window: possible contagion.
- $456K liquidated, largest reported liquidation $43K.
- $288K force-liquidated in about a minute from 05:10 UTC.
- Capitulation wick of 5.1% at 05:11 UTC.
- Open interest peaked at $15.6M (04:58 UTC) before the unwind.
- A double bottom broke out at 05:54 UTC (100% confidence).
- Clawed back half of the move by 05:13 UTC.
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