NEAFrom

NEARUSDT liquidation cascade on September 24, 2026

NEARUSDT fell as much as 6.5% and finished 5.5% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-6.5%
Net move
-5.5%
Reported liquidations
$531K
Largest liquidation
$130K
Duration
10h 23m
Volume
$231M
Liquidation cascadeBinance
09-24 17:39 to 09-25 09:13 UTC, including time outside the archive window · 5m candlesLow $4.428 · high $4.84
Key moments Modelled liquidation zones as of 09:00 UTC. Candle-based estimates, not observed liquidation orders.

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 0.80 of 1longs liquidated 91%liquidations $531Kchart 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: 2026-09-24T20:15:00.000Z to 2026-09-25T06:38:00.000Z.
  • Recorded baseline: $4.734. High: $4.762. End: $4.473.
  • Detected Sep 16, 2026 · 20:15 UTC. Episode baseline $2.331 at Sep 16, 2026 · 08:02 UTC.
  • 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)1.4MTrades / tape397KLiquidations121Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. NEARUSDT fell as much as 6.5% and finished 5.5% below its recorded baseline. The event lasted 10h 23m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $531K liquidated, largest reported liquidation $130K.
  4. First reported liquidation in this archive at 20:16 UTC, shorts liquidated.
  5. A double bottom broke out at 21:03 UTC.