QNTFrom

QNTUSDT liquidation cascade on September 30, 2026

QNTUSDT fell as much as 23.3% and finished 20.2% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-23.3%
Net move
-20.2%
Reported liquidations
$5.2M
Largest liquidation
$47K
Duration
48h
Volume
$1.41B
Liquidation cascadeBinance
09-30 09:07 to 10-03 09:07 UTC, including time outside the archive window · 30m candlesLow $222.7 · high $327.79
Key moments Modelled liquidation zones as of 05:55 UTC. Candle-based estimates, not observed liquidation orders.

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 0.66 of 1longs liquidated 66%liquidations $5.2Mchart 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: 2026-09-30T21:07:00.000Z to 2026-10-02T21:07:00.000Z.
  • Recorded baseline: $290.42. High: $306.28. End: $231.78.
  • Detected Sep 25, 2026 · 06:52 UTC. Episode baseline $70.64 at Sep 23, 2026 · 21:07 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)7.2MTrades / tape7.0MLiquidations3.2KLiquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. QNTUSDT fell as much as 23.3% and finished 20.2% below its recorded baseline. The event lasted 48h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $5.2M liquidated, largest reported liquidation $47K.
  4. First reported liquidation in this archive at 21:07 UTC, shorts liquidated.
  5. Capitulation wick of 3.4% at 21:45 UTC.
  6. A triple top broke out at 13:15 UTC.