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QFrom

QUSDT crash on October 21, 2026

QUSDT fell as much as 40.2% and finished 30.2% below its recorded baseline.

Investigate QUSDT →Research the setup at 21:11 UTC →Arm this alert →Current Q liquidation heatmap →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-40.2%
Net move
-30.2%
Reported liquidations
$2.1M
Largest liquidation
$30K
Duration
69h 12m
Volume
$326M
CrashBinance
10-21 03:53 to 10-25 11:41 UTC · 1h candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-10-24 19:15 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 · $989K shorts reported liquidated · $958K longs reported liquidated · contract OI -6.0% · -40.2%Large rejecting wick3.7% of closeLargest long-liquidation minuteReported total over one minute; selected retrospectively · $91KFlash move+9.0%Largest short-liquidation minuteReported total over one minute; selected retrospectively · $134KLargest liquidationshorts liquidated · $30K
6 more momentsRange break with expanding participationDownward move · reference $0.08406 · trades 3.8×, volume 3.8× (5m average / prior 60m median) · known at 08:49:00 UTC close · $0.08306Range brokenDownward move · reference $0.08406 · trades 3.8×, volume 3.8× (5m average / prior 60m median) · known at 08:49:00 UTC close · $0.08306Volume climax$1.5MHalf the extension retracedDownward move · reference $0.07869 · trades 1.8×, volume 1.6× (5m average / prior 60m median) · known at 09:06:00 UTC close · $0.08169Low$0.06831After the extremeRetrospective phase · $70K shorts reported liquidated · $63K longs reported liquidated · contract OI +5.3% · +16.8%

Research markers

Why the crash label?

These observations support the label. They do not show what caused the move or who started it.

No cause signal cleared the confidence threshold in this window; labelled by price shape only.

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: 2026-10-21T21:11:00.000Z to 2026-10-24T18:23:00.000Z.
  • Recorded baseline: $0.114283. High: $0.131599. End: $0.079804.
  • Detected Oct 24, 2026 · 00:23 UTC. Episode baseline $0.1143 at Oct 21, 2026 · 21:11 UTC.
  • The crash 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)7.9MTrades / tape5.5MLiquidations1.7KLiquidation heatmapVPIN / toxicityOI & positioningFull snapshots4.2K
What you will see
  1. QUSDT fell as much as 40.2% and finished 30.2% below its recorded baseline. The event lasted 69h 12m.
  2. $2.1M liquidated, largest reported liquidation $30K.
  3. Capitulation wick of 3.7% at 16:28 UTC.
  4. No cause was auto-detected for this move; replay the order book and tape to read it yourself.