NEAFrom

NEARUSDT liquidation cascade on October 23, 2026

NEARUSDT fell as much as 7.9% and finished 6.3% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-7.9%
Net move
-6.3%
Reported liquidations
$3.3M
Largest liquidation
$195K
Duration
16h 44m
Volume
$408M
Liquidation cascadeBinance
10-23 09:48 to 10-24 10:54 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-10-24 10:40 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 0.83 of 1longs liquidated 92%liquidations $3.3M

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: 2026-10-23T13:59:00.000Z to 2026-10-24T06:43:00.000Z.
  • Recorded baseline: $4.947. High: $4.984. End: $4.634.
  • Detected Oct 24, 2026 · 00:41 UTC. Episode baseline $4.947 at Oct 23, 2026 · 13:59 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)1.6MTrades / tape140KLiquidations473Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots1.0K
What you will see
  1. NEARUSDT fell as much as 7.9% and finished 6.3% below its recorded baseline. The event lasted 16h 44m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. Moved with 2 other symbols in the same window: possible contagion.
  4. $3.3M liquidated, largest reported liquidation $195K.
  5. Funding flipped negative at 23:36 UTC (-0.005%).