MUSDTLiquidation cascadeJUN 24, 2026 · 22:36 UTC · BINANCEFMUSDT fell as much as 84.6% and finished 71.7% below its starting price.
Liquidation cascade
PEAK-84.6%MUSDT · BINANCEF · 5MWHY THIS LABEL
confidence 0.85longs liquidated 85%liquidations $2.2M
HOW THIS EVENT IS MEASURED
Peak move is the largest signed price excursion from the event's starting price. Net move is the start-to-finish change. The liquidation cascade label describes the detected event class, so a later reversal changes the net move without silently changing the classification.
Data provenance and methodology →WHAT YOU'LL SEE IN THE REPLAY
- MUSDT fell as much as 84.6% and finished 71.7% below its starting price. The event lasted 6h.
- Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
- $2.2M liquidated, largest single fill $489K.
- First forced-sell at 00:02 UTC, longs liquidated.
- $1.5M force-liquidated in about a minute from 00:35 UTC.
- Capitulation wick of 20.6% at 00:35 UTC.
- Funding flipped negative at 00:37 UTC (-0.090%).
KEY MOMENTS
00:02 UTCFirst forced-selllongs liquidated · $2K▶ REPLAY00:35 UTCCapitulation wick20.6%▶ REPLAY00:35 UTCFlash move-75.4%▶ REPLAY00:35 UTCVolume climax$5.0M▶ REPLAY00:35 UTCVPIN spike0.73▶ REPLAY00:35 UTCLiquidation burstlongs liquidated · $1.5M▶ REPLAY00:35 UTCLargest liquidationlongs liquidated · $489K▶ REPLAY00:37 UTCFunding flipped negative-0.090%▶ REPLAY00:55 UTCLow$0.4057▶ REPLAY
EACH MOMENT DEEP-LINKS INTO THE TERMINAL AT THAT TICK
