MFrom

MUSDT long squeeze on June 24, 2026

MUSDT rose 311.9% at its peak, then round-tripped to finish 39.3% above its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
+311.9%
Net move
+39.3%
Reported liquidations
$2.6M
Largest liquidation
$489K
Duration
28h
Volume
$197M
Long squeezeBinance
06-24 10:51 to 06-25 21:21 UTC, including time outside the archive window · 15m candlesLow $0.4057 · high $2.8586
Key moments Modelled liquidation zones as of 21:10 UTC. Candle-based estimates, not observed liquidation orders.

Research markers

Why the long squeeze label?

These observations support the label. They do not show what caused the move or who started it.

Label confidence 0.68 of 1shorts liquidated 78%liquidations $2.6M

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: 2026-06-24T16:36:29.621Z to 2026-06-25T20:36:29.622Z.
  • Recorded baseline: $0.6863. High: $2.827. End: $0.9558.
  • The long squeeze 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)2.5MTrades / tape1.7MLiquidations1.1KLiquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. MUSDT rose 311.9% at its peak, then round-tripped to finish 39.3% above its recorded baseline. The event lasted 28h.
  2. Liquidations skewed to the long side: a long squeeze, not just a move.
  3. $2.6M liquidated, largest reported liquidation $489K.
  4. First reported liquidation in this archive at 16:46 UTC, longs liquidated.
  5. $1.5M force-liquidated in about a minute from 00:35 UTC.
  6. Capitulation wick of 15.5% at 01:45 UTC.
  7. Funding flipped negative at 00:37 UTC (-0.090%).
  8. Gave back half of the move by 17:15 UTC.