edgedepthEARLY ACCESSSign in
Menu
Terminal
ResearchResearch hubResearch WorkbenchInvestigate a moveLiquidation mapsPublished reportsDaily briefEvent archiveSaved studiesLive alertsMarketsData coverage
LearnGuidesReading libraryWorked examplesGuided lessonsFAQ
DevelopersAPI documentationMCP setupConnect an AI agentOpen source
Pricing
NEAFrom

NEARUSDT liquidation cascade on August 22, 2026

NEARUSDT fell 18.1% at its peak, then round-tripped to finish 3.1% below its recorded baseline.

Investigate NEARUSDT →Research the setup at 05:00 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-18.1%
Net move
-3.1%
Reported liquidations
$2.1M
Largest liquidation
$194K
Duration
28h
Volume
$322M
Liquidation cascadeBinance
08-22 00:48 to 08-23 02:00 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-08-23 01:50 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.
Fall to the lowRetrospective phase · $1K shorts reported liquidated · $1.1M longs reported liquidated · contract OI -2.7% · -25.6%Flash move-8.4%Largest long-liquidation minuteReported total over one minute; selected retrospectively · $659KVolume climax$11.3MLiquidation burstlongs liquidated · $694KLargest liquidationlongs liquidated · $194K
5 more momentsLarge rejecting wick8.0%Low$1.588After the extremeRetrospective phase · $146K shorts reported liquidated · $844K longs reported liquidated · contract OI -10.1% · +18.2%Recovered half52% retracedLargest short-liquidation minuteReported total over one minute; selected retrospectively · $26K

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 0.93 of 1longs liquidated 93%liquidations $2.1Mcontagion cluster

Other NEARUSDT events

Examples, not a historical success rate.

Liquidation cascadePeak -6.0%Volatility spikePeak +2.9%Liquidation cascadePeak -4.5%
3 more eventsVolatility spikePeak +11.6%PumpPeak +1.6%PumpPeak +13.8%
Browse all NEARUSDT events →

Similar events in other markets

20 other markets sold off in the same window, grouped because their order-flow toxicity (VPIN) moved together, not by price correlation.
WLFWLFIUSDT cascadePeak -22.5%ONDONDOUSDT cascadePeak -27.2%GIGGIGGLEUSDT cascadePeak -34.3%
17 more marketsBASBASEDUSDT cascadePeak -41.5%JTOJTOUSDT cascadePeak -23.8%BSBBSBUSDT cascadePeak -39.7%PIPPIPPINUSDT cascadePeak -29.4%RIVRIVERUSDT cascadePeak -33.0%PLUPLUMEUSDT crashPeak -27.4%GRAGRASSUSDT crashPeak -23.0%BERBERAUSDT crashPeak -30.4%BICBICOUSDT crashPeak -25.4%REDREDUSDT crashPeak -24.6%GRVGRVTUSDT crashPeak -23.8%44USDT crashPeak -29.1%DOSDOSUSDT crashPeak -22.0%TSTTSTUSDT crashPeak -29.2%EPIEPICUSDT pumpPeak +33.3%MOVMOVEUSDT crashPeak -22.5%0G0GUSDT crashPeak -23.5%
More like this
ARCARCUSDT cascadePeak -64.3%RAT1000RATSUSDT cascadePeak -58.6%USUSUSDT cascadePeak -65.1%
2 more eventsMINMINAUSDT cascadePeak -53.8%GRIGRIFFAINUSDT cascadePeak -43.3%
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: 2026-08-22T05:00:15.865Z to 2026-08-23T09:00:15.866Z.
  • Recorded baseline: $1.94. High: $2.135. End: $1.879.
  • 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)2.0MTrades / tape151KLiquidations322Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. NEARUSDT fell 18.1% at its peak, then round-tripped to finish 3.1% below its recorded baseline. The event lasted 28h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. Moved with 20 other symbols in the same window: possible contagion.
  4. $2.1M liquidated, largest reported liquidation $194K.
  5. $694K force-liquidated in about a minute from 05:10 UTC.
  6. Capitulation wick of 8.0% at 05:11 UTC.
  7. Clawed back half of the move by 05:13 UTC.