PLAYUSDTLiquidation cascadeMAY 7, 2026 · 17:48 UTC · BINANCEFPLAYUSDT fell as much as 38.9% and finished 29.3% below its starting price.
Liquidation cascade
PEAK-38.9%PLAYUSDT · BINANCEF · 15MWHY THIS LABEL
confidence 0.77longs liquidated 77%liquidations $263K
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 fell as much as 38.9% and finished 29.3% below its starting price. The event lasted 12h 2m.
- Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
- $263K liquidated, largest single fill $11K.
- First forced-sell at 17:49 UTC, longs liquidated.
- Capitulation wick of 5.1% at 21:55 UTC.
- Clawed back half of the move by 00:00 UTC.
KEY MOMENTS
17:49 UTCFirst forced-selllongs liquidated · $67▶ REPLAY21:55 UTCCapitulation wick5.1%▶ REPLAY21:55 UTCVolume climax$1.3M▶ REPLAY21:55 UTCLargest liquidationlongs liquidated · $11K▶ REPLAY23:00 UTCLow$0.06335▶ REPLAY00:00 UTCRecovered half53% retraced▶ REPLAY
EACH MOMENT DEEP-LINKS INTO THE TERMINAL AT THAT TICK
