ONDOUSDT fell 27.2% intraperiod, then round-tripped to finish 8.7% below its starting price.

PEAK MOVE -27.2% · NET MOVE -8.7% · TOTAL LIQUIDATED $2.6M · MAX SINGLE LIQ $222K · DURATION 4h 30m · VOLUME $95.4M

Liquidation cascade

PEAK-27.2%ONDOUSDT · BINANCEF · 5M

WHY THIS LABEL

confidence 0.98longs liquidated 98%liquidations $2.6Mchart pattern confirmedcontagion cluster

HOW THIS EVENT IS MEASURED

Peak move is the largest signed price excursion from the event's starting price. Net move is the start-to-finish change. The liquidation cascade label describes the detected event class, so a later reversal changes the net move without silently changing the classification.

Data provenance and methodology →

KEY MOMENTSEACH MOMENT DEEP-LINKS INTO THE TERMINAL AT THAT TICK

04:43 UTCPattern breakdouble bottom▶ REPLAY 04:45 UTCFirst forced-selllongs liquidated · $5K▶ REPLAY 05:10 UTCCapitulation wick22.0%▶ REPLAY 05:10 UTCLow$0.3▶ REPLAY 05:11 UTCPattern breakdouble top▶ REPLAY 05:11 UTCLargest liquidationlongs liquidated · $222K▶ REPLAY

DATA INCLUDED IN THIS REPLAY

Order book (L2)351KTrades / tape94.0KLiquidations195Liquidation heatmapVPIN / toxicityOI & positioning

WHAT YOU'LL SEE IN THE REPLAY

ONDOUSDT fell 27.2% intraperiod, then round-tripped to finish 8.7% below its starting price. The event lasted 4h 30m.
Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
Moved with 19 other symbols in the same window: possible contagion.
$2.6M liquidated, largest single fill $222K.
First forced-sell at 04:45 UTC, longs liquidated.
Capitulation wick of 22.0% at 05:10 UTC.
A double bottom broke out at 04:43 UTC.