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MUSDT short squeeze on September 19, 2026

MUSDT rose 40.0% at its peak, then round-tripped to finish 15.1% above its recorded baseline.

Investigate MUSDT →Research the setup at 15:29 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
+40.0%
Net move
+15.1%
Reported liquidations
$332K
Largest liquidation
$168K
Duration
30h 50m
Volume
$30.7M
Short squeezeBinance
09-19 09:09 to 09-20 23:06 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-09-20 22:55 UTC.

Active span · Show full window →

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.
Rise to the highRetrospective phase · $24K shorts reported liquidated · $3K longs reported liquidated · contract OI +5.4% · +40.0%Large rejecting wick8.3%Range brokenUpward move · reference $1.72 · trades 1.3×, volume 1.7× (5m average / prior 60m median) · known at 05:15:00 UTC close · $1.7301High$1.8After the extremeRetrospective phase · $260K shorts reported liquidated · $45K longs reported liquidated · contract OI -5.9% · -17.8%Range break with expanding participationUpward move · reference $1.72 · trades 3.0×, volume 4.5× (5m average / prior 60m median) · known at 05:20:00 UTC close · $1.7527
6 more momentsLargest long-liquidation minuteReported total over one minute; selected retrospectively · $14KBack inside the broken rangeUpward move · reference $1.72 · trades 5.9×, volume 7.0× (5m average / prior 60m median) · known at 05:45:00 UTC close · $1.6061Volume climax$970KLargest short-liquidation minuteReported total over one minute; selected retrospectively · $176KLiquidation burstshorts liquidated · $177KLargest liquidationshorts liquidated · $168K

Research markers

Why the short squeeze label?

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

Label confidence 0.85 of 1shorts liquidated 85%liquidations $332Kchart 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: 2026-09-19T15:29:00.000Z to 2026-09-20T22:19:00.000Z.
  • Recorded baseline: $1.2853. High: $1.8. End: $1.4799.
  • Detected Sep 20, 2026 · 05:45 UTC. Episode baseline $1.2853 at Sep 19, 2026 · 15:29 UTC.
  • The short 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)2.3MTrades / tape658KLiquidations207Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. MUSDT rose 40.0% at its peak, then round-tripped to finish 15.1% above its recorded baseline. The event lasted 30h 50m.
  2. Liquidations skewed to the short side: a short squeeze, not just a move.
  3. $332K liquidated, largest reported liquidation $168K.
  4. $177K force-liquidated in about a minute from 10:21 UTC.
  5. Capitulation wick of 8.3% at 16:56 UTC.