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LINFrom

LINKUSDT liquidation cascade on October 2, 2026

LINKUSDT fell 9.1% at its peak, then round-tripped to finish 3.0% below its recorded baseline.

Investigate LINKUSDT →Research the setup at 06:48 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-9.1%
Net move
-3.0%
Reported liquidations
$1.8M
Largest liquidation
$242K
Duration
47h 30m
Volume
$320M
Liquidation cascadeBinance
10-01 18:55 to 10-04 18:10 UTC · 30m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-10-04 18:00 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.
Fall to the lowRetrospective phase · $21K shorts reported liquidated · $1.5M longs reported liquidated · contract OI -1.9% · -9.1%Range break with expanding participationDownward move · reference $13.933 · trades 6.7×, volume 9.3× (5m average / prior 60m median) · known at 18:39:00 UTC close · $13.791Range brokenDownward move · reference $13.933 · trades 6.7×, volume 9.3× (5m average / prior 60m median) · known at 18:39:00 UTC close · $13.791Liquidation burstlongs liquidated · $1.0MLarge rejecting wick2.7%Flash move-2.2%
6 more momentsLargest long-liquidation minuteReported total over one minute; selected retrospectively · $1.0MLow$13.125Volume climax$19.2MLargest liquidationlongs liquidated · $242KAfter the extremeRetrospective phase · $203K shorts reported liquidated · $39K longs reported liquidated · contract OI -0.5% · +6.7%Largest short-liquidation minuteReported total over one minute; selected retrospectively · $57K

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 0.79 of 1longs liquidated 87%liquidations $1.8Mchart 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: 2026-10-02T06:48:00.000Z to 2026-10-04T06:18:00.000Z.
  • Recorded baseline: $14.434. High: $14.503. End: $14.001.
  • 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)4.6MTrades / tape644KLiquidations217Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. LINKUSDT fell 9.1% at its peak, then round-tripped to finish 3.0% below its recorded baseline. The event lasted 47h 30m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $1.8M liquidated, largest reported liquidation $242K.
  4. $1.0M force-liquidated in about a minute from 18:38 UTC.
  5. Capitulation wick of 2.7% at 18:39 UTC.