edgedepthEARLY ACCESSSign in
Menu
Terminal
Recent moves
ResearchResearch hubResearch WorkbenchInvestigate a moveLiquidation mapsPublished reportsDaily movesEvent archiveSaved studiesLive alertsMarketsData coverage
LearnGuidesReading libraryWorked examplesGuided lessonsFAQ
DevelopersAPI documentationMCP setupConnect an AI agentOpen source
Pricing
IRYFrom

IRYSUSDT short squeeze on October 22, 2026

IRYSUSDT rose 2231.5% at its peak, then round-tripped to finish 325.3% above its recorded baseline.

Investigate IRYSUSDT →Research the setup at 22:44 UTC →Arm this alert →Current IRYS liquidation heatmap →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
+2231.5%
Net move
+325.3%
Reported liquidations
$21.1M
Largest liquidation
$673K
Duration
26h 40m
Volume
$2.78B
Short squeezeBinance
10-22 16:04 to 10-24 08:04 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-10-24 02:55 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 · $14.9M shorts reported liquidated · $1.5M longs reported liquidated · contract OI -16.1% · +2231.4%Volume climax$31.0MRange brokenUpward move · reference $0.1394 · trades 1.3×, volume 1.4× (5m average / prior 60m median) · known at 18:54:00 UTC close · $0.1441Range break with expanding participationUpward move · reference $0.1394 · trades 4.0×, volume 4.5× (5m average / prior 60m median) · known at 19:12:00 UTC close · $0.1874Large rejecting wick20.2% of closeHigh$0.5041
6 more momentsLargest short-liquidation minuteReported total over one minute; selected retrospectively · $2.9MLargest liquidationshorts liquidated · $673KAfter the extremeRetrospective phase · $2.6M shorts reported liquidated · $2.1M longs reported liquidated · contract OI -12.5% · -81.8%Half the extension retracedUpward move · reference $0.496 · trades 7.0×, volume 6.0× (5m average / prior 60m median) · known at 19:28:00 UTC close · $0.3129Back inside the broken rangeUpward move · reference $0.1394 · trades 1.1×, volume 1.0× (5m average / prior 60m median) · known at 19:57:00 UTC close · $0.1278Largest long-liquidation minuteReported total over one minute; selected retrospectively · $221K

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 0.83 of 1shorts liquidated 83%liquidations $21.1Mchart 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: 2026-10-22T22:44:00.000Z to 2026-10-24T01:24:00.000Z.
  • Recorded baseline: $0.02162. High: $0.50406. End: $0.09194.
  • Detected Oct 22, 2026 · 22:45 UTC. Episode baseline $0.02162 at Oct 22, 2026 · 22:44 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)3.3MTrades / tape14.7MLiquidations6.0KLiquidation heatmapVPIN / toxicityOI & positioningFull snapshots1.6K
What you will see
  1. IRYSUSDT rose 2231.5% at its peak, then round-tripped to finish 325.3% above its recorded baseline. The event lasted 26h 40m.
  2. Liquidations skewed to the short side: a short squeeze, not just a move.
  3. $21.1M liquidated, largest reported liquidation $673K.
  4. Capitulation wick of 20.2% at 19:13 UTC.