ICNFrom

ICNTUSDT liquidation cascade on August 3, 2026

ICNTUSDT fell as much as 38.2% and finished 34.9% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-38.2%
Net move
-34.9%
Reported liquidations
$601K
Largest liquidation
$17K
Duration
4h 50m
Volume
$64.5M
Liquidation cascadeBinance
08-03 05:41 to 08-03 12:57 UTC · 5m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-08-03 12:45 UTC.

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 0.65 of 1longs liquidated 65%liquidations $601K

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: 2026-08-03T06:54:29.481Z to 2026-08-03T11:44:40.767Z.
  • Recorded baseline: $0.1842. High: $0.2118. End: $0.12.
  • 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)885KTrades / tape210KLiquidations444Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots291
What you will see
  1. ICNTUSDT fell as much as 38.2% and finished 34.9% below its recorded baseline. The event lasted 4h 50m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $601K liquidated, largest reported liquidation $17K.
  4. Capitulation wick of 7.9% at 07:59 UTC.
  5. Open interest peaked at $5.6M (07:58 UTC) before the unwind.
  6. Funding flipped negative at 08:09 UTC (-0.005%).