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PONFrom

PONSUSDT liquidation cascade on November 7, 2026

PONSUSDT fell as much as 20.7% and finished 14.4% below its recorded baseline.

Investigate PONSUSDT →Research the setup at 20:45 UTC →Arm this alert →Current PONS liquidation heatmap →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-20.7%
Net move
-14.4%
Reported liquidations
$385K
Largest liquidation
$89K
Duration
41h 28m
Volume
$56.0M
Liquidation cascadeBinance
11-07 10:23 to 11-10 00:35 UTC · 30m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-11-10 00:25 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 · $6K shorts reported liquidated · $379K longs reported liquidated · contract OI +4.4% · -20.7%Liquidation burstlongs liquidated · $143KLarge rejecting wick2.2% of closeFlash move-1.8%Largest long-liquidation minuteReported total over one minute; selected retrospectively · $143KVolume climax$902K
6 more momentsLargest liquidationlongs liquidated · $89KRange brokenDownward move · reference $0.1523 · trades 2.8×, volume 4.9× (5m average / prior 60m median) · known at 07:14:00 UTC close · $0.1509Range break with expanding participationDownward move · reference $0.1523 · trades 3.1×, volume 5.3× (5m average / prior 60m median) · known at 07:15:00 UTC close · $0.1513Low$0.145After the extremeRetrospective phase · $342 shorts reported liquidated · $209 longs reported liquidated · contract OI +1.1% · +8.0%Back inside the broken rangeDownward move · reference $0.1523 · trades 1.4×, volume 2.4× (5m average / prior 60m median) · known at 09:03:00 UTC close · $0.1523

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 0.98 of 1longs liquidated 98%liquidations $385K

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: 2026-11-07T20:45:00.000Z to 2026-11-09T14:13:00.000Z.
  • Recorded baseline: $0.1829. High: $0.1832. End: $0.1566.
  • Detected Nov 9, 2026 · 08:08 UTC. Episode baseline $0.1829 at Nov 7, 2026 · 20:45 UTC.
  • 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)2.0MTrades / tape145KLiquidations363Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots2.5K
What you will see
  1. PONSUSDT fell as much as 20.7% and finished 14.4% below its recorded baseline. The event lasted 41h 28m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $385K liquidated, largest reported liquidation $89K.
  4. $143K force-liquidated in about a minute from 21:54 UTC.
  5. Capitulation wick of 2.2% at 21:55 UTC.