From
NAORISUSDT liquidation cascade on May 15, 2026
NAORISUSDT fell as much as 51.6% and finished 47.9% below its recorded baseline.
Figures corrected 11 Oct 2026: measured from the window's first one-minute open (previously shown as +59.7% at the peak).
Free replays cover the last 7 days and selected events.
- Peak move
- -51.6%
- Net move
- -47.9%
- Reported liquidations
- $1.8M
- Largest liquidation
- $223K
- Duration
- 28h 1m
- Volume
- $79.9M
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.6 more moments
VPIN spike0.39Largest liquidationlongs liquidated · $223KRange brokenDownward move · reference $0.03747 · trades 2.2×, volume 3.4× (5m average / prior 60m median) · known at 11:26:00 UTC close · $0.03731Range break with expanding participationDownward move · reference $0.03747 · trades 3.1×, volume 4.6× (5m average / prior 60m median) · known at 11:29:00 UTC close · $0.03714Low$0.03601After the extremeRetrospective phase · contract OI unavailable · +8.0%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 0.98 of 1longs liquidated 98%liquidations $1.8M
Other NAORISUSDT events
Examples, not a historical success rate.
PumpPeak +37.6%Volatility spikePeak -27.6%CrashPeak -20.2%Browse all NAORISUSDT events →Similar events in other markets
ARCUSDT cascadePeak -64.3%1000RATSUSDT cascadePeak -58.6%USUSDT cascadePeak -65.1%More liquidation cascade events →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: 2026-05-15T09:15:16.210Z to 2026-05-16T13:15:46.210Z.
- Recorded baseline: $0.07442. High: $0.07538. End: $0.0388.
- 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.
What the replay includes
Recorded streams
Order book (L2)2.3MTrades / tape724KLiquidations516Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
- NAORISUSDT fell as much as 51.6% and finished 47.9% below its recorded baseline. The event lasted 28h 1m.
- Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
- $1.8M liquidated, largest reported liquidation $223K.
- First reported liquidation in this archive at 09:18 UTC, longs liquidated.
- $1.1M force-liquidated in about a minute from 10:29 UTC.
- Capitulation wick of 5.1% at 10:29 UTC.
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