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

LABUSDT liquidation cascade on September 9, 2026

LABUSDT fell as much as 44.0% and finished 21.9% below its recorded baseline.

Figures corrected 11 Oct 2026: measured from the window's first one-minute open (previously shown as -42.9% at the peak).

Investigate LABUSDT →Research the setup at 20:10 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-44.0%
Net move
-21.9%
Reported liquidations
$771K
Largest liquidation
$110K
Duration
6h
Volume
$20.1M
Liquidation cascadeBinance
09-09 19:29 to 09-09 23:37 UTC · 5m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-09-09 23:25 UTC.

Active span · Show full window →

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.
Fall to the lowRetrospective phase · $14K shorts reported liquidated · $749K longs reported liquidated · contract OI -4.6% · -43.9%Flash move-35.8%Largest long-liquidation minuteReported total over one minute; selected retrospectively · $403KVolume climax$2.5MLiquidation burstlongs liquidated · $619KLarge rejecting wick8.0%
5 more momentsLow$0.035Largest short-liquidation minuteReported total over one minute; selected retrospectively · $14KLargest liquidationlongs liquidated · $110KAfter the extremeRetrospective phase · $2K shorts reported liquidated · $6K longs reported liquidated · contract OI -0.9% · +39.3%Recovered half54% retraced

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 0.98 of 1longs liquidated 98%liquidations $771Kcontagion cluster

Other LABUSDT events

Examples, not a historical success rate.

CrashPeak -20.2%Volatility spikePeak -19.0%PumpPeak +40.8%
3 more eventsLiquidation cascadePeak -38.7%CrashPeak -19.8%Volatility spikePeak -50.0%
Browse all LABUSDT events →

Similar events in other markets

12 other markets sold off in the same window, grouped because their order-flow toxicity (VPIN) moved together, not by price correlation.
TUTTUTUSDT cascadePeak -34.1%SIRSIRENUSDT cascadePeak -37.3%BEABEATUSDT cascadePeak -35.0%
9 more marketsESPESPORTSUSDT cascadePeak -36.3%ONGONGUSDT cascadePeak -23.5%BANBANKUSDT cascadePeak -27.1%VELVELVETUSDT cascadePeak -38.5%TRITRIAUSDT cascadePeak -21.7%COLCOLLECTUSDT cascadePeak -23.8%AIOAIOUSDT cascadePeak -21.6%TACTACUSDT crashPeak -27.6%HEIHEIUSDT crashPeak -29.0%
More like this
ARCARCUSDT cascadePeak -64.3%RAT1000RATSUSDT cascadePeak -58.6%USUSUSDT cascadePeak -65.1%
2 more eventsMINMINAUSDT cascadePeak -53.8%EPIEPICUSDT cascadePeak -49.5%
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: 2026-09-09T20:10:51.859Z to 2026-09-10T02:11:08.679Z.
  • Recorded baseline: $0.06253. High: $0.06258. End: $0.04885.
  • 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)453KTrades / tape125KLiquidations160Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. LABUSDT fell as much as 44.0% and finished 21.9% below its recorded baseline. The event lasted 6h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. Moved with 12 other symbols in the same window: possible contagion.
  4. $771K liquidated, largest reported liquidation $110K.
  5. $619K force-liquidated in about a minute from 22:08 UTC.
  6. Capitulation wick of 8.0% at 22:09 UTC.
  7. Clawed back half of the move by 22:10 UTC.