MOVFrom

MOVRUSDT liquidation cascade on August 28, 2026

MOVRUSDT fell as much as 14.9% and finished 13.1% below its recorded baseline.

Corrected 11 Oct 2026. This event's starting price was recorded from a stale reference, which misstated its move. Measured from the window's first one-minute open, the move does not reach the base threshold for its original label, so it is no longer listed. The recording and replay are unchanged.

Free replays cover the last 7 days and selected events.

Peak move
-14.9%
Net move
-13.1%
Reported liquidations
$396K
Largest liquidation
$7K
Duration
12h
Volume
$72.0M
Liquidation cascadeBinance
08-28 01:35 to 08-28 11:56 UTC · 5m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-08-28 11:45 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 0.72 of 1longs liquidated 72%liquidations $396Kchart 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: 2026-08-28T03:19:08.284Z to 2026-08-28T15:19:08.284Z.
  • Recorded baseline: $1.0587. High: $1.0946. End: $0.9199.
  • 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)1.3MTrades / tape475KLiquidations459Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots721
What you will see
  1. MOVRUSDT fell as much as 14.9% and finished 13.1% below its recorded baseline. The event lasted 12h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $396K liquidated, largest reported liquidation $7K.
  4. Capitulation wick of 2.4% at 04:02 UTC.
  5. Open interest peaked at $8.2M (03:39 UTC) before the unwind.
  6. A double bottom broke out at 03:23 UTC (89% confidence).