NEAFrom

NEARUSDT liquidation cascade on August 24, 2026

NEARUSDT fell as much as 6.0% and finished 3.7% below its recorded baseline.

Figures corrected 11 Oct 2026: measured from the window's first one-minute open (previously shown as -7.5% at the peak).

Free replays cover the last 7 days and selected events.

Peak move
-6.0%
Net move
-3.7%
Reported liquidations
$625K
Largest liquidation
$58K
Duration
28h
Volume
$163M
Liquidation cascadeBinance
08-24 13:47 to 08-26 07:47 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-08-26 07:35 UTC.

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 0.81 of 1longs liquidated 93%liquidations $625Kchart 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: 2026-08-24T20:47:23.015Z to 2026-08-26T00:47:31.486Z.
  • Recorded baseline: $1.944. High: $2.008. End: $1.873.
  • 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)1.9MTrades / tape84.6KLiquidations164Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots1.7K
What you will see
  1. NEARUSDT fell as much as 6.0% and finished 3.7% below its recorded baseline. The event lasted 28h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $625K liquidated, largest reported liquidation $58K.
  4. Open interest peaked at $77.8M (03:38 UTC) before the unwind.
  5. A double bottom broke out at 04:14 UTC (100% confidence).
  6. Clawed back half of the move by 22:19 UTC.