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NEAFrom

NEARUSDT liquidation cascade on November 8, 2026

NEARUSDT fell 7.0% at its peak, then reversed to finish 1.1% above its recorded baseline.

Investigate NEARUSDT →Research the setup at 15:45 UTC →Arm this alert →Current NEAR liquidation heatmap →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

The replay covers Nov 8 16:06 to Nov 10 22:57 UTC, the main stretch of the move.

Peak move
-7.0%
Net move
+1.1%
Reported liquidations
$5.7M
Largest liquidation
$198K
Duration
72h
Volume
$1.24B
Liquidation cascadeBinance
11-07 21:45 to 11-12 09:45 UTC · 1h candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-11-12 09:35 UTC.

Key moments

Times in UTC. Select one inside the replay window 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 · $5K shorts reported liquidated · $2.2M longs reported liquidated · contract OI +3.6% · -7.0%
VPIN spike0.41Range break with expanding participationDownward move · reference $3.563 · trades 7.7×, volume 14.0× (5m average / prior 60m median) · known at 21:55:00 UTC close · $3.529Range brokenDownward move · reference $3.563 · trades 7.7×, volume 14.0× (5m average / prior 60m median) · known at 21:55:00 UTC close · $3.529Largest long-liquidation minuteReported total over one minute; selected retrospectively · $941KLow$3.442
6 more momentsVolume climax$14.5MLargest liquidationlongs liquidated · $198KAfter the extremeRetrospective phase · $1.2M shorts reported liquidated · $2.3M longs reported liquidated · contract OI +10.3% · +8.7%Back inside the broken rangeDownward move · reference $3.563 · trades 1.1×, volume 1.3× (5m average / prior 60m median) · known at 23:01:00 UTC close · $3.568Flash move+1.7%
Largest short-liquidation minuteReported total over one minute; selected retrospectively · $203K

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 0.69 of 1longs liquidated 79%liquidations $5.7M

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: 2026-11-08T16:06:00.000Z to 2026-11-10T22:57:00.000Z.
  • Event window: 2026-11-08T15:45:00.000Z to 2026-11-11T15:45:00.000Z. The figures on this page cover the whole event; the replay was trimmed to the main stretch of the move.
  • Recorded baseline: $3.701. High: $3.815. End: $3.742.
  • Detected Nov 11, 2026 · 15:45 UTC. Episode baseline $3.701 at Nov 8, 2026 · 15:45 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

The replay covers Nov 8 16:06 to Nov 10 22:57 UTC, the main stretch of the move. The figures above cover the whole event.

Recorded streams
Order book (L2)5.5MTrades / tape361KLiquidations650Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots3.3K
What you will see
  1. NEARUSDT fell 7.0% at its peak, then reversed to finish 1.1% above its recorded baseline. The event lasted 72h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $5.7M liquidated, largest reported liquidation $198K.