LINFrom

LINKUSDT liquidation cascade on September 13, 2026

LINKUSDT fell as much as 6.2% and finished 5.9% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-6.2%
Net move
-5.9%
Reported liquidations
$1.5M
Largest liquidation
$138K
Duration
72h
Volume
$412M
Liquidation cascadeBinance
09-12 12:48 to 09-17 00:48 UTC · 1h candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-09-17 00:35 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 0.81 of 1longs liquidated 92%liquidations $1.5Mchart 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: 2026-09-13T06:48:00.000Z to 2026-09-16T06:48:00.000Z.
  • Recorded baseline: $11.475. High: $11.961. End: $10.797.
  • Detected Sep 15, 2026 · 20:09 UTC. Episode baseline $11.475 at Sep 13, 2026 · 06:48 UTC.
  • 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)4.9MTrades / tape319KLiquidations409Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots4.3K
What you will see
  1. LINKUSDT fell as much as 6.2% and finished 5.9% below its recorded baseline. The event lasted 72h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $1.5M liquidated, largest reported liquidation $138K.
  4. Open interest peaked at $104M (20:34 UTC) before the unwind.
  5. A descending trendline broke out at 02:12 UTC (92% confidence).
  6. Funding flipped negative at 16:20 UTC (-0.005%).