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MARSCOINUSDT liquidation cascade on September 8, 2026

MARSCOINUSDT fell as much as 22.3% and finished 21.7% below its recorded baseline.

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

Order-book recording: 3 brief interruptions, 214.3 seconds in total.

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

  • 2026-09-08T23:59:59.845Z to 2026-09-09T00:01:00.024Z.
  • 2026-09-09T02:10:06.575Z to 2026-09-09T02:11:30.008Z.
  • 2026-09-09T02:25:49.281Z to 2026-09-09T02:27:00.003Z.
Investigate MARSCOINUSDT →Research the setup at 03:00 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-22.3%
Net move
-21.7%
Reported liquidations
$1.1M
Largest liquidation
$7K
Duration
41h 39m
Volume
$371M
Liquidation cascadeBinance
09-07 16:35 to 09-10 07:03 UTC · 30m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-09-10 06:50 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 · $384K shorts reported liquidated · $705K longs reported liquidated · contract OI +12.4% · -22.3%Largest long-liquidation minuteReported total over one minute; selected retrospectively · $36KPattern breakdescending trendline · 79%Flash move+7.1%Largest short-liquidation minuteReported total over one minute; selected retrospectively · $25KVolume climax$2.6M
4 more momentsLarge rejecting wick2.5%OI peak$32.9MLow$0.1161After the extremeRetrospective phase · $12K shorts reported liquidated · $35K longs reported liquidated · contract OI -2.5% · +0.7%

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 0.65 of 1longs liquidated 65%liquidations $1.1Mchart 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: 2026-09-08T03:00:00.000Z to 2026-09-09T20:39:00.000Z.
  • Recorded baseline: $0.14931. High: $0.14997. End: $0.11692.
  • 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)4.7MTrades / tape2.2MLiquidations1.4KLiquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. MARSCOINUSDT fell as much as 22.3% and finished 21.7% below its recorded baseline. The event lasted 41h 39m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $1.1M liquidated, largest reported liquidation $7K.
  4. Capitulation wick of 2.5% at 09:14 UTC.
  5. Open interest peaked at $32.9M (09:18 UTC) before the unwind.
  6. A descending trendline broke out at 15:04 UTC (79% confidence).