HFrom

HUSDT liquidation cascade on June 24, 2026

HUSDT fell as much as 49.7% and finished 46.8% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-49.7%
Net move
-46.8%
Reported liquidations
$514K
Largest liquidation
$232K
Duration
12h 17m
Volume
$80.0M
Liquidation cascadeBinance
06-24 08:26 to 06-25 02:52 UTC, including time outside the archive window · 15m candlesLow $0.046 · high $0.09855
Key moments

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 0.74 of 1longs liquidated 74%liquidations $514K

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: 2026-06-24T11:31:05.885Z to 2026-06-24T23:48:05.885Z.
  • Recorded baseline: $0.12117. High: $0.08584. End: $0.06448.
  • 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)1.4MTrades / tape819KLiquidations367Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. HUSDT fell as much as 49.7% and finished 46.8% below its recorded baseline. The event lasted 12h 17m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $514K liquidated, largest reported liquidation $232K.
  4. First reported liquidation in this archive at 11:32 UTC, longs liquidated.
  5. $239K force-liquidated in about a minute from 12:09 UTC.
  6. Capitulation wick of 4.2% at 17:00 UTC.
  7. Open interest peaked at $13.0M (17:08 UTC) before the unwind.
  8. Funding flipped negative at 12:12 UTC (-0.007%).
  9. Clawed back half of the move by 16:55 UTC.