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PLAYUSDT liquidation cascade on May 7, 2026

PLAYUSDT fell as much as 38.9% and finished 29.3% below its recorded baseline.

Investigate PLAYUSDT →Research the setup at 17:48 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-38.9%
Net move
-29.3%
Reported liquidations
$263K
Largest liquidation
$11K
Duration
12h 2m
Volume
$38.8M
Liquidation cascadeBinance
05-07 14:47 to 05-08 08:51 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-05-08 08:40 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 · contract OI unavailable · -11.5%First reported liquidationlongs liquidated · $67Volume climax$831KLargest liquidationlongs liquidated · $11KLow$0.06335After the extremeRetrospective phase · contract OI unavailable · +14.4%
3 more momentsRecovered half52% retracedFlash move-3.3%Large rejecting wick3.8%

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 0.77 of 1longs liquidated 77%liquidations $263K

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: 2026-05-07T17:48:13.450Z to 2026-05-08T05:50:43.449Z.
  • Recorded baseline: $0.1036. High: $0.07697. End: $0.0732.
  • 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)1.1MTrades / tape321KLiquidations388Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. PLAYUSDT fell as much as 38.9% and finished 29.3% below its recorded baseline. The event lasted 12h 2m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $263K liquidated, largest reported liquidation $11K.
  4. First reported liquidation in this archive at 17:49 UTC, longs liquidated.
  5. Capitulation wick of 3.8% at 01:27 UTC.
  6. Clawed back half of the move by 00:04 UTC.