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NEAFrom

NEARUSDT liquidation cascade on October 23, 2026

NEARUSDT fell as much as 15.1% and finished 9.2% below its recorded baseline.

Investigate NEARUSDT →Research the setup at 13:59 UTC →Arm this alert →Current NEAR liquidation heatmap →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-15.1%
Net move
-9.2%
Reported liquidations
$16.0M
Largest liquidation
$8.9M
Duration
30h 20m
Volume
$900M
Liquidation cascadeBinance
10-23 06:24 to 10-25 03:54 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-10-24 23:20 UTC.

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 · $328K shorts reported liquidated · $14.5M longs reported liquidated · contract OI +2.1% · -15.1%Range break with expanding participationDownward move · reference $4.413 · trades 3.4×, volume 7.8× (5m average / prior 60m median) · known at 14:16:00 UTC close · $4.369Range brokenDownward move · reference $4.413 · trades 3.4×, volume 7.8× (5m average / prior 60m median) · known at 14:16:00 UTC close · $4.369Large rejecting wick2.3% of closeLargest long-liquidation minuteReported total over one minute; selected retrospectively · $9.8MLow$4.2
6 more momentsVolume climax$31.1MLiquidation burstlongs liquidated · $9.8MLargest liquidationlongs liquidated · $8.9MAfter the extremeRetrospective phase · $497K shorts reported liquidated · $694K longs reported liquidated · contract OI -3.5% · +6.9%Back inside the broken rangeDownward move · reference $4.413 · trades 1.3×, volume 2.1× (5m average / prior 60m median) · known at 16:01:00 UTC close · $4.418Largest short-liquidation minuteReported total over one minute; selected retrospectively · $206K

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 0.95 of 1longs liquidated 95%liquidations $16.0Mchart pattern confirmed

Other NEARUSDT events

Examples, not a historical success rate.

Liquidation cascadePeak -7.9%Liquidation cascadePeak -15.1%Volatility spikePeak +16.0%
3 more eventsVolatility spikePeak +14.5%Volatility spikePeak +6.9%Volatility spikePeak +10.7%
Browse all NEARUSDT events →

Similar events in other markets

2 other markets sold off in the same window, grouped because their order-flow toxicity (VPIN) moved together, not by price correlation.
DOODOODUSDT cascadePeak -20.9%APRAPRUSDT cascadePeak -12.1%
More like this
AGTAGTUSDT cascadePeak -55.5%AKEAKEUSDT cascadePeak -33.0%CTCTUSDT cascadePeak -35.4%
2 more eventsBRBRUSDT cascadePeak -35.8%DOGDOGEUSDT cascadePeak -5.3%
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: 2026-10-23T13:59:00.000Z to 2026-10-24T20:19:00.000Z.
  • Recorded baseline: $4.947. High: $4.984. End: $4.49.
  • Detected Oct 24, 2026 · 06:58 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)2.9MTrades / tape279KLiquidations896Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots1.8K
What you will see
  1. NEARUSDT fell as much as 15.1% and finished 9.2% below its recorded baseline. The event lasted 30h 20m.
  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. $16.0M liquidated, largest reported liquidation $8.9M.
  5. $9.8M force-liquidated in about a minute from 14:16 UTC.
  6. Capitulation wick of 2.3% at 14:16 UTC.