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PLAYUSDT liquidation cascade on May 6, 2026

PLAYUSDT rallied 71.7% at its peak, then reversed to finish 27.1% below its recorded baseline.

Figures corrected 11 Oct 2026: measured from the window's first one-minute open (previously shown as +66.7% at the peak).

Investigate PLAYUSDT →Research the setup at 09:47 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
+71.7%
Net move
-27.1%
Reported liquidations
$1.6M
Largest liquidation
$11K
Duration
28h
Volume
$230M
Liquidation cascadeBinance
05-06 02:47 to 05-07 20:47 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-05-07 20:35 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 · +71.5%First reported liquidationshorts liquidated · $7Large rejecting wick2.6%Funding hit extreme (positive)+0.050%Range brokenUpward move · reference $0.1527 · trades 1.6×, volume 1.8× (5m average / prior 60m median) · known at 18:47:00 UTC close · $0.1537Back inside the broken rangeUpward move · reference $0.1527 · trades 1.6×, volume 1.7× (5m average / prior 60m median) · known at 18:51:00 UTC close · $0.1519
6 more momentsHigh$0.1727After the extremeRetrospective phase · contract OI unavailable · -57.7%Gave back half55% retracedLargest liquidationlongs liquidated · $11KFlash move-5.3%Volume climax$835K

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 $1.6M

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: 2026-05-06T09:47:43.449Z to 2026-05-07T13:47:43.449Z.
  • Recorded baseline: $0.1006. High: $0.17268. End: $0.0733.
  • 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)2.5MTrades / tape1.8MLiquidations2.2KLiquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. PLAYUSDT rallied 71.7% at its peak, then reversed to finish 27.1% below its recorded baseline. The event lasted 28h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $1.6M liquidated, largest reported liquidation $11K.
  4. First reported liquidation in this archive at 11:05 UTC, shorts liquidated.
  5. Capitulation wick of 2.6% at 17:16 UTC.
  6. Funding hit extreme (positive) at 17:31 UTC (+0.050%).
  7. Gave back half of the move by 00:15 UTC.