From
IRYSUSDT short squeeze on October 23, 2026
IRYSUSDT rose 2171.6% at its peak, then round-tripped to finish 165.8% above its recorded baseline.
Investigate IRYSUSDT →Research the setup at 01:38 UTC →Arm this alert →Current IRYS liquidation heatmap →🔒 Replay with Pro →
Free replays cover the last 7 days and selected events.
The replay covers Oct 23 01:39 to Oct 24 01:24 UTC, the main stretch of the move.
- Peak move
- +2171.6%
- Net move
- +165.8%
- Reported liquidations
- $23.1M
- Largest liquidation
- $673K
- Duration
- 36h 16m
- Volume
- $3.26B
BinanceKey moments
Times in UTC. Select one inside the replay window 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 -17.0% · +2171.6%
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$0.50416 more moments
Largest short-liquidation minuteReported total over one minute; selected retrospectively · $2.9MLargest liquidationshorts liquidated · $673KAfter the extremeRetrospective phase · $3.5M shorts reported liquidated · $3.2M longs reported liquidated · contract OI -14.9% · -88.3%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 · $221KResearch 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 0.80 of 1shorts liquidated 80%liquidations $23.1Mchart pattern confirmed
Other IRYSUSDT events
Examples, not a historical success rate.
Short squeezePeak +2171.6%Short squeezePeak +2231.5%PumpPeak +71.5%Browse all IRYSUSDT events →Similar events in other markets
JCTUSDT squeezePeak +161.3%AGTUSDT squeezePeak +74.9%ALTUSDT squeezePeak +60.0%More short / long squeeze 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: 2026-10-23T01:39:00.000Z to 2026-10-24T01:24:00.000Z.
- Event window: 2026-10-23T01:38:00.000Z to 2026-10-24T13:54:00.000Z. The figures on this page cover the whole event; the replay was trimmed to the main stretch of the move.
- Recorded baseline: $0.02219. High: $0.50406. End: $0.05899.
- Detected Oct 24, 2026 · 07:54 UTC. Episode baseline $0.02219 at Oct 23, 2026 · 01:38 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.
What the replay includes
The replay covers Oct 23 01:39 to Oct 24 01:24 UTC, the main stretch of the move. The figures above cover the whole event.
Recorded streams
Order book (L2)3.0MTrades / tape14.7MLiquidations6.0KLiquidation heatmapVPIN / toxicityOI & positioningFull snapshots1.4K
What you will see
- IRYSUSDT rose 2171.6% at its peak, then round-tripped to finish 165.8% above its recorded baseline. The event lasted 36h 16m.
- Liquidations skewed to the short side: a short squeeze, not just a move.
- $23.1M liquidated, largest reported liquidation $673K.
- Capitulation wick of 20.2% at 19:13 UTC.