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PROMUSDT liquidation cascade on October 6, 2026

PROMUSDT fell as much as 23.2% and finished 18.2% below its recorded baseline.

Investigate PROMUSDT →Research the setup at 11:35 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-23.2%
Net move
-18.2%
Reported liquidations
$579K
Largest liquidation
$11K
Duration
52h 27m
Volume
$131M
Liquidation cascadeBinance
10-05 22:28 to 10-09 05:08 UTC · 30m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-10-09 04:55 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 · $137K shorts reported liquidated · $387K longs reported liquidated · contract OI -41.3% · -23.2%Pattern breakdouble bottom · 100%Pattern breakdescending trendline · 97%Largest liquidationlongs liquidated · $11KFlash move+5.9%Volume climax$893K
6 more momentsLarge rejecting wick2.9%Largest long-liquidation minuteReported total over one minute; selected retrospectively · $28KPattern breakdouble top · 98%Range brokenDownward move · reference $5.424 · trades 1.8×, volume 1.3× (5m average / prior 60m median) · known at 08:16:00 UTC close · $5.341Low$4.711After the extremeRetrospective phase · $17K shorts reported liquidated · $38K longs reported liquidated · contract OI -6.1% · +6.5%

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 0.73 of 1longs liquidated 73%liquidations $579Kchart pattern confirmed

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: 2026-10-06T11:35:00.000Z to 2026-10-08T16:02:00.000Z.
  • Recorded baseline: $6.134. High: $6.52. End: $5.018.
  • Detected Oct 6, 2026 · 16:02 UTC. Episode baseline $6.134 at Oct 6, 2026 · 11:35 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)3.6MTrades / tape644KLiquidations707Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. PROMUSDT fell as much as 23.2% and finished 18.2% below its recorded baseline. The event lasted 52h 27m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $579K liquidated, largest reported liquidation $11K.
  4. Capitulation wick of 2.9% at 16:36 UTC.
  5. A double bottom broke out at 13:33 UTC (100% confidence).