NEAFrom

NEARUSDT liquidation cascade on November 8, 2026

NEARUSDT fell as much as 6.1% and finished 3.3% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-6.1%
Net move
-3.3%
Reported liquidations
$3.2M
Largest liquidation
$198K
Duration
21h 18m
Volume
$407M
Liquidation cascadeBinance
11-08 11:30 to 11-09 19:27 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-11-09 19:15 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 0.85 of 1longs liquidated 97%liquidations $3.2Mcontagion cluster

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: 2026-11-08T16:50:00.000Z to 2026-11-09T14:08:00.000Z.
  • Recorded baseline: $3.666. High: $3.687. End: $3.545.
  • Detected Nov 9, 2026 · 07:34 UTC. Episode baseline $3.666 at Nov 8, 2026 · 16:50 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)2.1MTrades / tape149KLiquidations308Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots1.3K
What you will see
  1. NEARUSDT fell as much as 6.1% and finished 3.3% below its recorded baseline. The event lasted 21h 18m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. Moved with 3 other symbols in the same window: possible contagion.
  4. $3.2M liquidated, largest reported liquidation $198K.
  5. $1.1M force-liquidated in about a minute from 21:54 UTC.