ONEFrom

ONEUSDT liquidation cascade on August 11, 2026

ONEUSDT fell as much as 50.7% and finished 27.4% below its recorded baseline.

Figures corrected 11 Oct 2026: measured from the window's first one-minute open (previously shown as -42.5% at the peak).

Free replays cover the last 7 days and selected events.

Peak move
-50.7%
Net move
-27.4%
Reported liquidations
$437K
Largest liquidation
$8K
Duration
6h
Volume
$50.6M
Liquidation cascadeBinance
08-11 21:48 to 08-12 06:48 UTC · 5m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-08-12 06:35 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 0.66 of 1longs liquidated 66%liquidations $437Kchart pattern confirmed

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: 2026-08-11T23:18:28.768Z to 2026-08-12T05:18:28.769Z.
  • Recorded baseline: $0.001176. High: $0.001253. End: $0.000854.
  • 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)468KTrades / tape194KLiquidations521Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots361
What you will see
  1. ONEUSDT fell as much as 50.7% and finished 27.4% below its recorded baseline. The event lasted 6h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $437K liquidated, largest reported liquidation $8K.
  4. Capitulation wick of 9.1% at 01:26 UTC.
  5. A double top broke out at 04:43 UTC (85% confidence).
  6. Funding hit extreme (positive) at 03:16 UTC (+0.051%).