edgedepthEARLY ACCESSSign in
Menu
Terminal
ResearchResearch hubResearch WorkbenchInvestigate a movePublished reportsDaily briefEvent archiveSaved studiesLive alertsMarketsData coverage
LearnGuidesReading libraryWorked examplesGuided lessonsFAQ
DevelopersAPI documentationMCP setupConnect an AI agentOpen source
Pricing
ORCFrom

ORCAUSDT short squeeze on April 27, 2026

ORCAUSDT rose as much as 59.6% and finished 34.8% above its recorded baseline.

Investigate ORCAUSDT →Research the setup at 12:08 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
+59.6%
Net move
+34.8%
Reported liquidations
$3.4M
Largest liquidation
$28K
Duration
28h
Volume
$867M
Short squeezeBinance
04-27 05:08 to 04-28 23:08 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-04-28 22:55 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.
Rise to the highRetrospective phase · contract OI unavailable · +59.6%First reported liquidationlongs liquidated · $16Funding hit extreme (negative)-0.051%Flash move+4.2%Range brokenUpward move · reference $1.708 · trades 1.6×, volume 1.8× (5m average / prior 60m median) · known at 16:10:00 UTC close · $1.727Largest liquidationshorts liquidated · $28K
6 more momentsHigh$1.886After the extremeRetrospective phase · contract OI unavailable · -15.6%Half the extension retracedUpward move · reference $1.85 · trades 1.1×, volume 1.2× (5m average / prior 60m median) · known at 17:06:00 UTC close · $1.785Back inside the broken rangeUpward move · reference $1.708 · trades 0.9×, volume 1.1× (5m average / prior 60m median) · known at 17:21:00 UTC close · $1.703Large rejecting wick9.1%Volume climax$7.4M

Research markers

Why the short squeeze label?

These observations support the label. They do not show what caused the move or who started it.

Label confidence 0.67 of 1shorts liquidated 67%liquidations $3.4M

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: 2026-04-27T12:08:27.418Z to 2026-04-28T16:08:27.419Z.
  • Recorded baseline: $1.182. High: $1.886. End: $1.593.
  • The short squeeze 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)1.6MTrades / tape824KLiquidations2.9KLiquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. ORCAUSDT rose as much as 59.6% and finished 34.8% above its recorded baseline. The event lasted 28h.
  2. Liquidations skewed to the short side: a short squeeze, not just a move.
  3. $3.4M liquidated, largest reported liquidation $28K.
  4. First reported liquidation in this archive at 12:16 UTC, longs liquidated.
  5. Capitulation wick of 9.1% at 18:54 UTC.
  6. Funding hit extreme (negative) at 14:27 UTC (-0.051%).