PLAYUSDTLiquidation cascadeMAY 6, 2026 · 09:47 UTC · BINANCEFPLAYUSDT rallied 66.7% intraperiod, then reversed to finish 29.2% below its starting price.
Liquidation cascade
PEAK+66.7%PLAYUSDT · BINANCEF · 30MWHY THIS LABEL
confidence 0.65longs liquidated 65%liquidations $1.6M
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 →WHAT YOU'LL SEE IN THE REPLAY
- PLAYUSDT rallied 66.7% intraperiod, then reversed to finish 29.2% below its starting price. The event lasted 28h.
- Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
- $1.6M liquidated, largest single fill $11K.
- First forced-sell at 11:05 UTC, shorts liquidated.
- Capitulation wick of 6.4% at 17:30 UTC.
- Funding hit extreme (positive) at 17:31 UTC (+0.050%).
- Gave back half of the move by 00:15 UTC.
KEY MOMENTS
11:05 UTCFirst forced-sellshorts liquidated · $7▶ REPLAY17:00 UTCFlash move+20.1%▶ REPLAY17:15 UTCVolume climax$11.1M▶ REPLAY17:30 UTCCapitulation wick6.4%▶ REPLAY17:31 UTCFunding hit extreme (positive)+0.050%▶ REPLAY22:45 UTCHigh$0.1727▶ REPLAY00:15 UTCGave back half63% retraced▶ REPLAY06:19 UTCLargest liquidationlongs liquidated · $11K▶ REPLAY
EACH MOMENT DEEP-LINKS INTO THE TERMINAL AT THAT TICK
