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ORCFrom

ORCAUSDT liquidation cascade on October 7, 2026

ORCAUSDT fell as much as 20.9% and finished 15.7% below its recorded baseline.

Investigate ORCAUSDT →Research the setup at 23:50 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-20.9%
Net move
-15.7%
Reported liquidations
$482K
Largest liquidation
$10K
Duration
33h 12m
Volume
$124M
Liquidation cascadeBinance
10-07 15:32 to 10-09 17:20 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-10-09 17:10 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 · $102K shorts reported liquidated · $290K longs reported liquidated · contract OI -9.8% · -20.9%OI peak$14.4MFlash move-3.2%Large rejecting wick1.9%Volume climax$1.4MFunding hit extreme (negative)-0.050%
6 more momentsLargest short-liquidation minuteReported total over one minute; selected retrospectively · $18KLargest liquidationshorts liquidated · $10KLargest long-liquidation minuteReported total over one minute; selected retrospectively · $23KRange brokenDownward move · reference $2.368 · trades 1.4×, volume 2.1× (5m average / prior 60m median) · known at 17:17:00 UTC close · $2.346Low$2.254After the extremeRetrospective phase · $65K shorts reported liquidated · $25K longs reported liquidated · contract OI -6.5% · +6.6%

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 0.65 of 1longs liquidated 65%liquidations $482K

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: 2026-10-07T23:50:00.000Z to 2026-10-09T09:02:00.000Z.
  • Recorded baseline: $2.851. High: $3.074. End: $2.403.
  • Detected Oct 5, 2026 · 23:50 UTC. Episode baseline $2.028 at Oct 5, 2026 · 07:36 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)3.2MTrades / tape1.4MLiquidations595Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. ORCAUSDT fell as much as 20.9% and finished 15.7% below its recorded baseline. The event lasted 33h 12m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $482K liquidated, largest reported liquidation $10K.
  4. Capitulation wick of 1.9% at 01:16 UTC.
  5. Open interest peaked at $14.4M (00:58 UTC) before the unwind.
  6. Funding hit extreme (negative) at 03:41 UTC (-0.050%).