edgedepthEARLY ACCESSSign in
Menu
Terminal
Recent moves
ResearchResearch hubResearch WorkbenchInvestigate a moveLiquidation mapsPublished reportsDaily movesEvent archiveSaved studiesLive alertsMarketsData coverage
LearnGuidesReading libraryWorked examplesGuided lessonsFAQ
DevelopersAPI documentationMCP setupConnect an AI agentOpen source
Pricing
QFrom

QUSDT liquidation cascade on October 24, 2026

QUSDT fell as much as 33.1% and finished 28.9% below its recorded baseline.

Investigate QUSDT →Research the setup at 21:01 UTC →Arm this alert →Current Q liquidation heatmap →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-33.1%
Net move
-28.9%
Reported liquidations
$731K
Largest liquidation
$11K
Duration
37h 48m
Volume
$184M
Liquidation cascadeBinance
10-24 11:34 to 10-26 20:16 UTC · 30m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-10-26 20:05 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 · $200K shorts reported liquidated · $433K longs reported liquidated · contract OI +10.7% · -33.1%Large rejecting wick3.7% of closeLargest liquidationlongs liquidated · $11KLargest long-liquidation minuteReported total over one minute; selected retrospectively · $25KLargest short-liquidation minuteReported total over one minute; selected retrospectively · $29KPattern breakdescending trendline · 75%
6 more momentsRange brokenDownward move · reference $0.05354 · trades 1.3×, volume 1.6× (5m average / prior 60m median) · known at 04:13:00 UTC close · $0.05336Back inside the broken rangeDownward move · reference $0.05354 · trades 0.9×, volume 1.2× (5m average / prior 60m median) · known at 04:28:00 UTC close · $0.05357Low$0.05203After the extremeRetrospective phase · $55K shorts reported liquidated · $42K longs reported liquidated · contract OI -1.2% · +6.3%Flash move+7.8%Volume climax$1.8M

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 0.65 of 1longs liquidated 65%liquidations $731Kchart 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: 2026-10-24T21:01:00.000Z to 2026-10-26T10:49:00.000Z.
  • Recorded baseline: $0.077805. High: $0.085676. End: $0.055322.
  • Detected Oct 26, 2026 · 00:30 UTC. Episode baseline $0.0778 at Oct 24, 2026 · 21:01 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)4.3MTrades / tape2.6MLiquidations797Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots2.3K
What you will see
  1. QUSDT fell as much as 33.1% and finished 28.9% below its recorded baseline. The event lasted 37h 48m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $731K liquidated, largest reported liquidation $11K.
  4. Capitulation wick of 3.7% at 14:49 UTC.
  5. A descending trendline broke out at 16:38 UTC (75% confidence).