MARFrom

MARSCOINUSDT liquidation cascade on September 6, 2026

MARSCOINUSDT fell as much as 25.3% and finished 18.2% below its recorded baseline.

Archive corrected 2026-09-14. Earlier saved analyses may use the previous window or prices.

Order-book recording: 1 brief interruption, 60.2 seconds in total.

Replay resumes from recorded snapshots. Treat order-book measurements within these intervals as unavailable; the event remains available.

  • 2026-09-06T23:59:59.869Z to 2026-09-07T00:01:00.029Z.

Free replays cover the last 7 days and selected events.

Peak move
-25.3%
Net move
-18.2%
Reported liquidations
$807K
Largest liquidation
$6K
Duration
21h 49m
Volume
$315M
Liquidation cascadeBinance
09-05 21:01 to 09-07 05:45 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-09-07 05:35 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 0.68 of 1longs liquidated 68%liquidations $807K

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: 2026-09-06T02:29:00.000Z to 2026-09-07T00:18:00.000Z.
  • Recorded baseline: $0.23697. High: $0.23732. End: $0.19379.
  • 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)2.7MTrades / tape2.3MLiquidations888Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots1.3K
What you will see
  1. MARSCOINUSDT fell as much as 25.3% and finished 18.2% below its recorded baseline. The event lasted 21h 49m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $807K liquidated, largest reported liquidation $6K.
  4. Capitulation wick of 3.1% at 10:33 UTC.